The price of Bitcoin, the world’s leading digital currency, has recently hit an all-time high, marking a significant milestone in its value.
Foreign media reports indicate that Bitcoin's price has surged by $10,000 since May of the previous year. Over the course of these 18 months, the price of a single Bitcoin has soared to its highest point, estimated to be around $35,000.
This remarkable price increase is attributed to growing institutional interest in Bitcoin, with its total market capitalization estimated to be well over $700 billion. Cryptocurrency analysts believe that Bitcoin has now reached a point of no return, and its continued market growth appears to be inevitable.
Bitcoin's soaring value demonstrates the increasing mainstream acceptance and interest in the world of cryptocurrencies, making it a key player in the global financial landscape.
