Bitcoin Surges to New High of $124K Amid Four Key Market Drivers
An overview of recent developments in the cryptocurrency market as Bitcoin reaches an all-time high and global economic factors come into play.

Recent in
An overview of recent developments in the cryptocurrency market as Bitcoin reaches an all-time high and global economic factors come into play.
Futures linked to ADA and SOL experience significant movements as Bitcoin reaches unprecedented heights.
Recent data shows that Bitcoin's realized price has risen above the 200-week moving average, signaling the potential for a sustained bullish market.
The Japanese yen has gained strength against both the dollar and Bitcoin, as U.S. Treasury Secretary Scott Bessent suggests that the Bank of Japan will need to raise interest rates to combat inflation.
BTC recently soared past $124,000, yet its momentum appears to have diminished, raising questions about who is selling and why.
Coinbase experienced a significant loss after a misconfigured contract interaction allowed malicious bots to exploit a corporate wallet, resulting in a loss of approximately $300,000.

Bitcoin's latest rise has made it the fifth-largest asset, overtaking Google's valuation as investor sentiment largely supports continued growth.
South Korea's decision to halt its central bank digital currency project in lieu of private stablecoins could dampen demand for a won-backed digital asset.
Bitcoin is nearing its all-time high amid favorable market conditions, while Ether is also climbing close to its late 2021 peak.
MetaMask is preparing to announce details about its forthcoming US dollar-pegged stablecoin, mUSD, which is set to launch soon.
The surge in Filecoin's value aligns with a positive trend across the cryptocurrency market.
Bullish debuted on the NYSE with shares climbing to $102, significantly outpacing its initial public offering price.

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