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Bloomberg Quint

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Image Credit: Bloomberg Quint

Bitcoin Hits Fresh Record High Of $1,20,000 As Bull Run Continues

  • Bitcoin reaches a fresh record high of $120,000, jumping 1.45% intraday as per Bloomberg data.
  • In terms of Indian rupee, Bitcoin is trading at Rs 1.03 crore.
  • Institutional demand, US Bitcoin ETF inflows, and regulatory optimism are fueling the bull run in Bitcoin.
  • BTC seen as a hedge amid weaker dollar, rising US treasury demand, and improving regulatory clarity.

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