Tag: 124K

Bitcoin flips Google’s $2.4T, Investors expect new all-time highs after $124k

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Bitcoin climbed to an all-time high above $124,000 on Thursday, stoking fresh optimism that the next leg of price discovery could push the cryptocurrency’s market value toward Apple’s $3.4 trillion. Bitcoin (BTC) rose to a new all-time high of $124,457 on Thursday, leading the world’s first cryptocurrency to briefly surpass Google’s $2.45 trillion market capitalization, becoming the fifth-largest global asset. “Bitcoin all-time high and it’s only Wednesday,” said Gemini co-founder Tyler Winklevoss in an X post, triggering a wave of optimistic responses, including from popular investor Kyle Chassé, who predicted…

Bitcoin Hits $124K as Samson Mow Outlines 2 Scenarios

Key Notes BTC has broken $124K as CPI holds steady at 2.7%. Samson Mow sees either further BTC dominance or an altcoin-led pullback. Altcoin market cap has gained 26%, but faces key resistance near $315B. . Bitcoin BTC$121 89924h volatility:1.8%Market cap:$2.43 TVol. 24h:$69.76 Btouched a new record high of $124,457 early Aug. 14, just a day after July’s US Consumer Price Index (CPI) data came in cooler than anticipated. Inflation held at 2.7% year-over-year, unchanged from June and below expectations of 2.8%, with monthly CPI rising 0.2%. The news added roughly…