Over $ 124,000: Bitcoin reaches new high

The cryptocurrency Bitcoin again reaches a maximum. For example, In the night of Thursday (Swiss time), a unit at times cost over $ 124,000.

Shortly after 2 a.m., the course climbed over the $ 124,000 mark for the first time. In addition, The best known cryptocurrency has never stood into these spheres. However,

The Bitcoin Prize has doubled within a year.Image: Coinmarketcap

Bitcoin’s recent high-altitude flight is primarily responsible for the crypto-friendly policy of the US government under Donald Trump. In addition, With the “Genius Act” over $ 124,000: bitcoin reaches adopted in July in July. Meanwhile, the USA regulates stable coins (cryptocurrencies coupled to other assets such as Fiat currencies or raw materials).

The editors of stablecoins must now be able to cover them entirely through reserves and regularly demonstrate this. However, The United States wants to strengthen the US dollar as a global leading currency. create more trust in digital currencies. The determination was considered a milestone for the cryptom market.

Although the new rules basically provide for more regulation, critics see risks in the procedure. Among other things, an expansion of the crypto market will favor money laundering, according to an argument.

However, the “Genius Act” is not the only political development around cryptocurrencies. The US government also wants to arrange for us to be able to invest in the future in over $ 124,000: bitcoin reaches the. future in cryptoassets. The project is currently being examined. If it is implemented. this could be fueled by the Bitcoin course again: the entire US parenting primary careers are currently around $ 12.5 trillion (!).

Most of the Americans’ pension plans already consist of stock and bond investments. Pure savings accounts are less common. The US government wants to make retirement provision more lucrative with the opening for investments in cryptocurrencies and real estate. However, this would also increase the risk in the portfolios.

Due to political developments, Bitcoin has been on a high altitude for weeks. Recently increased even more in the course, the second known cryptocurrency Ethereum is. This has also recently been scratched at the highest level, which was reached in November 2021. But she is also proof of the still existing volatility of cryptos-according to over $ 124,000: bitcoin reaches Donald Trump’s “Liberation Day” in April. where he announced his tariffs against the world, Ethereum crashed to less than $ 1, $ 1. Within four months, the course now rose to over $ 4700.

After a crash due to Trump’s customs announcements. Ethereum shot up in April.Image: Coinmarketcap

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The AI search engine company Perplexity AI offered the technology group Google $ 34.5 billion for its Chrome web browser. The start-up company confirmed to the AFP news agency to have sent a corresponding declaration of intent to Google.