Bitcoin Hits All-Time High, Surpasses January Record
Bitcoin reaches new all-time high, surpassing previous record set in January. Market appetite for risk grows as Bitcoin's total market value hits $2.21 trillion. Entities like Strategy Inc. (NASDAQ: MSTR) benefit from the surge in daily trading volumes.
This news matters as it highlights the resurgence of Bitcoin to new record levels, signaling a growing market appetite for risk amidst recent fluctuations. The rally has significant implications for investors and companies like Strategy Inc. (NASDAQ: MSTR) that are heavily involved in Bitcoin investments.