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Bitcoin reached a new price high in a few hours on Friday morning after increasing by more than six percent.
The world’s leading cryptocurrency reached the first time in its history over 118,000 $ 87,000 GBP) after he had only traded under $ 80,000 in April.
The broader cryptom market also made great profits, with Ethereum (Eth), Solana (Sol) and Dogecoin (Doge) increasing by more than seven percent.
The new record increases the market capitalization of Bitcoin over 2.3 trillion dollars and ranks over Tech giants such as Alphabet (Google) and Meta. While there is still only a fraction of the estimated market capitalization of gold of 22 trillion dollars, it has now overtaken silver.
According to Donald Trump’s announcement of the “liberation day”, the record -breaking rally began on April 2, which disturbed traditional markets and spends alternative assets such as Bitcoin as protection against macroeconomic turbulence.
“Bitcoin shaked expectations and developed from a subdued trade area to a full -blown increase that culminated in a new all -time high” The independent.
“The institutional accumulation is on the fever under the surface. In addition, this stability and the institutional inflow that we see, in a time of rather important macroeconomic uncertainties, and geopolitical tensions are increasing worldwide; a test that would fight many other so -called ‘volatile assets’ to exist.”
The latest price increase has fueled bullish predictions of some crypto market analysts. An average forecast of $ 145,167 unveiled by 22 experts after financial comparison finders by the end of 2025.
If you reach this price, this would require a further 27,000 US dollars in the second half of the year, after around 25,000 US dollars has already risen in the first half.
“There are still at least six months in this bull run,” said Kadan Stadelmann, Chief Technology Officer of the Blockchain company Komodo Platform, who was involved in the survey.
“It is easy to see that it runs significantly higher before the end of 2025. If we continue to follow history, I expect the highlight of 2026 to follow the first quarter of 2026 and a bear market.”
