Bitcoin exceeds $ 118,000, and is the second highest ever in less than 24 hours

Bitcoin achieved the highest new level ever at $ 118,900 on Friday after that The previous record exceeded 113,822 dollars, on Thursday.

At the time of writing this report, Bitcoin stands all over $ 117400.

This is an important teacher for Bitcoin, because it highlights his return, and it is now higher than its decline 76,000 dollars In early April. He decreased to nearly $ 49,000 last August.

Some analysts believe that if it reaches $ 150,000, this will extinguish the purchase madness. It is important to note that bitcoin, just like most cryptocurrencies, can be unexpected. Nobody really knows what will happen next.

Some factors that contribute to increasing Bitcoin include President Trump’s supporter’s position, which has stigmatized more interesting institutional investors. (This group includes large purchase entities, such as banks and hedge boxes.

In March, Trump The executive order signed Create a strategic bitcoin reserve.