Bitcoin, the leading cryptocurrency by market capitalization, spent more than 30 consecutive days above the Make-or-Break 100,000 level for the first time. Report.
The top cryptocurrency reached a very cobbeting level for the first time on December 5th. In the same month, Bitcoin went back to its local low of $92,188 on December 20th.
In January, Bitcoin hit a new record high of $109,356.
Over the next few months, Topcoin experienced a substantial revision on March 11th, plunging to its 2025 low of $76,600.
As reported by U.Today, major cryptocurrencies have recently come close to new all-time highs. Today, BTC fell below the $109,000 level, but according to Polymarket Bettors, it appears to be reaching a new lifetime peak later this month.
After experiencing more volatility following the so-called “liberation date,” Bitcoin recovered in April and May, eventually reaching its current highest of $112,000 on May 22nd.
In the meantime, Bitwise analysts have expressed their opinion that the fair value of Bitcoin is at $230,000 due to the fact that cryptocurrencies are emerging as hedges for increasing risk of default.
Meanwhile, former strategy CEO Michael Saylor recently said “Crypto Winter” will not be returning.
Meanwhile, Bitcoin’s main price range has now reached $48,000. This means that it’s unlikely to fall below this level anytime soon.
