Bitcoin breaks $109k ATH to enter price discovery once again
Institutional investors and regulatory developments fuel Bitcoin rally as it breaks new all-time high of $109,476.
Happy Wednesday!
Bitcoin has shattered records once again, breaking above $109,000 to enter uncharted price territory as institutional inflows and regulatory optimism fuel a historic rally. Meanwhile, Ethereum co-founder Jeffrey Wilcke's massive $262 million ETH transfer to Kraken is sparking intense speculation across the community. And as Bitcoin flirts with new highs, a whale has placed a bold 40x leveraged $830 million long position on Hyperliquid, underscoring the market's appetite for risk amid record ETF inflows. Dive into today's top stories driving the crypto conversation.
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The global crypto market cap is $3.42 trillion, with a 24-hour volume of $140.86 billion. The price of Bitcoin is $108,478.24, and BTC market dominance is 63.2%. The price of Ethereum is $2,552.94, and ETH market dominance is 9.0%. The best-performing sector is Education, which gained 23%. The Crypto Fear & Greed Index is currently Greed (70).
Bitcoin breaks $109k ATH to enter price discovery once again
Institutional investors and regulatory developments fuel Bitcoin rally as it breaks new all-time high of $109,476.
📰 Top News
Ethereum co-founder Jeffrey Wilcke transfers $262M in ETH to Kraken, causing community speculation
This is the first time Wilcke has made a substantial transfer to an exchange since moving $147 million in four transactions last year.
Bitcoin whale places 40x leveraged $830 million long position on Hyperliquid
The crypto whale position comes as Bitcoin flirts with new ATH amid record ETF inflows.
US Bitcoin edge could power next era of American prosperity – River
River believes that regulated Bitcoin products, leadership in mining infrastructure, and state-level policy support will help establish US dominance in crypto.
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📈 Latest Insights
BlackRock’s IBIT becomes second-largest Bitcoin holder behind Satoshi Nakamoto
Bitcoin climbs to $108k as $248 million in liquidations flush traders from market
Bitcoin closes above $106k for first time and without retail frenzy
🗞️ More News
Bitcoin hits $107K as market holds below ATH in bullish consolidation
Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs
Sovereign entities opt for indirect Bitcoin exposure via Strategy to bypass constraints – StanChart
Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves
SEC files $100 million complaint against tokenized asset firm for crypto securities fraud
📖 Latest Market Report
This high beta Bitcoin proxy sector is lagging behind BTC price 2025
CryptoSlate's latest report dives deep into the performance of Bitcoin prxy stocks to analyze how their performance fares in comparison to Bitcoin's spot price, direct exposure products like ETFs, and indirect vehicles like MSTR.