Bitcoin's price has reached a record value of $112,014, signaling growing interest from investors, particularly in the US.
Bitcoin Price Surge
According to analysts from CryptoQuant, Bitcoin's price has achieved a new all-time high of $112,014.
Coinbase Premium and Its Significance
The price difference between Coinbase and Binance has widened: Bitcoin is $42 more expensive on Coinbase. This premium is seen as an indicator of strong demand from US investors. Analysts note that such positive premiums typically signal increasing interest in Bitcoin from both institutional and individual investors.
Role of Institutional Investors
However, this week's $42 difference is not the highest. Last week, Coinbase's premium reached $87.76, indicating significantly higher buying pressure in the market. According to analysts, 'the Coinbase premium is a key indicator of US investor demand. Despite reaching all-time highs, the positive premium suggests buying interest in the market remains strong, which may indicate that the upward trend is not over yet.'
Thus, the current situation in the Bitcoin market indicates strong interest from investors in the US, with the active participation of institutional investors potentially having a significant impact on price formation.
