The world’s largest cryptocurrency has passed the critical $109,000 threshold and is trading at $108,913 at the time of writing.
As things stand, it would only take around 0.63% to reach the all-time high price record of $109,114.
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However, when we adjust the record we broke according to US inflation, the record price needs to exceed $110,000.
BTC price increased by 1% in the last hour.
Along with the rise, the cryptocurrency market also witnessed a serious liquidation wave. In the last 24 hours, there was a liquidation of $276 million in the entire cryptocurrency market, $175 million of which was in short positions.
*This is not investment advice.
Continue Reading: HOT NEWS: Bitcoin is About to Break the Record! Price Reaches $109,000! Here’s What You Need to Know
