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Bitcoin Surges To A New All-Time High: Critics And Skeptics Still Linger
As the digital asset market continues to defy expectations and record-breaking highs, it is essential to acknowledge that some voices of dissent have begun to emerge. Despite this surge, critics and skeptics are still lingering on the sidelines, hesitant to join the party.
Recent statistics reveal that Bitcoin has surpassed its all-time high, with a current price hovering around $104,137. This unprecedented rise has led many analysts and experts to reevaluate their previous predictions and forecasts.
In a recent report, CryptoQuant CEO, Ki Young Ju, stated that the cryptocurrency would not go bankrupt unless specific conditions were met.
The news is nothing short of astonishing for investors who have been riding this wave since March when Bitcoin’s price reached $70,000. At present, the demand from new investors has increased by 4%, with an anticipation to surpass previous cycle highs.
It appears that the sentiment in the market continues to be positive, as more and more new investors are drawn into the fray.
Source: bitcoinist.com
