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Bitcoin price strikes a new ATH, where the price of traders at 25 points is a decrease star-news.press/wp

The Bitcoin price has reached the highest new level (ATH), providing an upward look at the encryption market. This development comes as the price of traders decreased at 25 basis points (BPS) at the interest meeting at the September meeting.

Bitcoin price is up to the highest new level ever above 123,000 dollars

View trading data He explains that the price of BTC was broken over $ 123,000, as it reached 123,600 dollars ATH 123,600 dollars in this process. The pioneering encryption rose more than 2 % a day, as it increased from the highest level during the day 118,939 dollars.

Bitcoin price daily chart
Source: TradingView; BTC daily chart

This comes about a month after the price of Bitcoin reached its previous height of $ 123,091. The main encryption reached this landmark in July, before the “encryption week” that entered into genius, the first major encryption legislation in the United States

Coingape said earlier that BTC was looking to the highest new level ever before the US consumer price index and producers’ price index data this week. CPI data came 2.7 %, less than expectations, which were positive for the main encryption. Meanwhile, PPI data is also expected to show that inflation in the United States is still fixed.

As such, traders are now pricing 25 basis points to reduce the Federal Reserve in September, which contributed to the Bitcoin prices. Reducing prices is superior because it will achieve more liquidity in the encryption market and enhance feelings of risk. The US Treasury Secretary Scott Payette has sparked the possibility of 50 basis points, which will be huge for BTC and other encryption assets.

It remains to see whether the main encryption will enter the discovery of prices after collecting it to a new ATH or if it will witness a healthy restoration. Meanwhile, other encryption assets have risen alongside BTC. It is worth noting that ETH has risen more than 28 % in the past seven days and is now close to ATH for $ 4,891.

The effects of the new ATH

With the rise in Bitcoin to ATH, BTC is again the sixth largest origin by market, before Google and Amazon shares. Meanwhile, the only assets that precede the main encryption are gold, along with the shares of NVIDIA, Microsoft and Apple.

Meanwhile, thanks to the increase, Bitcoin’s strategic possessions have reached a new value. The co -founder of the company indicated earlier today that BTC Holdings had been closed at the highest level of $ 77.2 billion.

The President of El Salvador Nayeb also showed the BTC Portol in his country, which reached new levels thanks to the Bitcoin Group in a new ATH. The country is now proud of an incomplete profit of more than $ 468 million for its investments.

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Alignafe Adeyemi

Boluwatife Adeyemi is a writer and editor of encryption news that covers topics that exceed several ports. Its speed and alacity covering uniform break updates. He has a talent to simplify the most technical concepts and make them easy to understand beginners in encryption. Boluwatife is also a lawyer, a law certificate from the University of Ibadan. It also holds a certificate in digital marketing. Away from writing, he is a fan of thirsty basketball, traveler, and part -time Degen.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of digital assets with a fixed commitment to the relevant information in time.

Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.

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2025-08-13 22:24:00

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