Bitcoin Rate Broke Another Historical Record

The cryptocurrency surpassed the $123k level today.

Bitcoin rate broke another historical record, exceeding today the level of $123 thousand. Even with the correction in the afternoon to $121.3 thousand, its value remains above the indicators of the previous days.

The leading cryptocurrency takes an increasingly important place in the portfolios of both institutional investors and individual companies. In addition, market participants expect in the near future easing of the Fed's policy, which pushes up demand for risky assets.

Despite expectations of reaching new highs in the coming days, experts do not exclude a significant adjustment, which could return the price of bitcoin to $105-115 thousand.

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