Bitcoin $124K Milestone, Binance Coin Breaks Recor
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The crypto bull run shows no signs of slowing, with the total market capitalization soaring to a new all-time high of over $4.3 trillion.
Bitcoin (BTC) briefly exploded to almost $124,000, whereas Binance Coin (BNB) tapped a new historic peak at approximately $1,190.
BTC Pushes Higher
October (often referred to as “Uptober” within the crypto community) has so far proven its legacy as a highly successful period for the primary digital asset. The price has been gradually increasing since the first day of the month, and it reached $123,850 several hours ago.
This means that BTC was just inches away from reaching its all-time high of $124,130, which was witnessed in mid-August. In the following hours, the asset lost some steam, and as of this writing, it trades at roughly $122,400.
The price rebound has also increased interest among future traders betting on Bitcoin’s near-term price movements.
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