Bitcoin (BTC) recently achieved a record high price of $107,780.58, although it corrected slightly to $106,618.73 afterwards. The surge can largely be attributed to the movement of $172 million worth of BTC from Mt. Gox.
Currently, BTC boasts a market cap of $2.11 trillion, reflecting a daily increase of 1.77%. The daily trading volume has also shown significant growth, rising by 29.7% to reach $80.6 billion. Meanwhile, the fully diluted valuation (FDV) of Bitcoin stands at $2.23 trillion
All these movements were observed against the backdrop of cryptocurrency exchange activities, particularly at Bitfinex, where traders reacted to the increasing bitcoin volatility.