Bitcoin has reached a new all-time high, surpassing $118,000, drawing significant attention across the crypto market.
Bitcoin Surpasses $118,000
Bitcoin has recorded a new record, climbing above $118,000, capturing the attention of traders and investors. This sudden increase has caused regret among many who missed the opportunity to buy when the price briefly dipped below $100,000.
Changpeng Zhao's Take on the Market
Former Binance CEO Changpeng Zhao has shared his insights on the current market situation. He stated that the present price should not be viewed as the peak but rather as 'still a dip.' He urged investors to think long-term and not lose confidence due to current price levels.
Surge in Trading Activity
Along with Bitcoin's price rally, trading activity has sharply increased. In the last 24 hours, trading volume has jumped over 91%, reaching $118.74 billion. This indicates a growing interest from market participants.
The cryptocurrency market continues to show activity, and Changpeng Zhao's statements help investors focus on long-term prospects. Bitcoin remains an essential asset attracting traders' attention.
