Bitcoin has achieved a new all-time high, reaching $109,357 following a week of marked volatility. The cryptocurrency experienced a drastic drop to $89,000 last Monday before bouncing back with an impressive 22% rise, propelling it past previous highs.
This price movement has reignited excitement and optimism in the crypto market. Investors and analysts are now eagerly anticipating the possibility of Bitcoin further breaking out to $130,000, reflecting increased confidence in its future trajectory.