Bitcoin Hits New Highs Amid Rising Market Optimism

1 min read
Source: CoinDesk
Bitcoin Hits New Highs Amid Rising Market Optimism
Photo: CoinDesk
TL;DR Summary

Bitcoin recently hit a new high around $125,000, supported by institutional demand and macroeconomic factors, with some altcoins experiencing profit-taking. The overall market remains bullish, with stablecoin supply and ETF activity indicating potential for further gains, though long-term sellers are active near current levels. The market's next move hinges on whether Bitcoin can sustain its momentum and break past previous highs.

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