Bitcoin price hits new record high
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Bitcoin reaches all-time highs
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Bitcoin surpasses $118K as whales stay quiet and exchange inflows fall to decade lows, signaling low pressure.
1don MSN
Bitcoin has traded in a tight range for several weeks despite billions of dollars flowing into bitcoin exchange traded funds.
Bitcoin is making an attempt to break out above the $110,000 level that has been a significant barriers during previous rallies.
Crypto exchange Coinbase Global ( COIN) and bitcoin treasury company Strategy ( MSTR) were both up roughly 5% on the day. Stocks generally rose Wednesday, with the tech-focused Nasdaq Composite finishing at its own high .
Bitcoin has pushed to a record $113,734.64, lifted by demand from big investors and new crypto-friendly policies under US President Donald Trump. Options traders now see higher levels ahead, with targets up to $150,