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Bitcoin Soars Past $124,000: A New Milestone in Cryptocurrency Value

by Omar El Sayed - World Editor

This Thursday, August 14, Bitcoin crossed for the first time the $ 124,000 (around 105,900 euros) during the first Asian exchanges. This is a new record for cryptocurrency.

Bitcoin appeals to more investors

In the early hours of this Thursday, August 14, the Bitcoin Briefly affected the $ 124,500, before stabilizing around 123,600 dollars. This peak echoes the high performance of stock markets Americans, in particular the S&P 500 and the Nasdaq, who themselves broke their records. This dynamic encourages investors to diversify their placements. It strengthens the attractiveness of cryptocurrenciesand more particularly bitcoin.

He gains ground thanks to a relaxed banking regulation

Recent regulatory changes to UNITED STATES play an important role in this progression. The lifting of certain banking restrictions now facilitates relations with Crypto companies, which was previously a major obstacle. According to experts, the cryptocurrencies More quickly integrate into the traditional financial system under the leadership of President Trump. This reduces concerns and strengthens the confidence of economic actors.

The renewed interest of institutional investors

This positive reversal has aroused a revival of major investors. Institutional people are increasingly consider the Bitcoin As a full -fledged asset, adapted to the diversification of portfolios. Their commitment strengthens the liquidity and credibility of the market. To Samer Hasn, analyst at XS.com, this dynamic reflects a deep change in the perception of bitcoin, now considered as an emerging pillar of the digital economy.

Risk of rapid fluctuations

Despite these records, the Bitcoin There remains an unstable value and subject to rapid variations. This volatility attracts speculators, but requires caution to private investors. Its future will depend on the evolution of American and international regulations, as well as global economic hazards.

Sources : BFMTV, TV5 World

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