Bitcoin price has broken past its previous record high of over $100,000, reaching new heights above $109,000. This surge in value is largely attributed to recent regulatory developments that have boosted investor confidence. The positive news has had a ripple effect on the cryptocurrency market as other major coins such as Ethereum (ETH) and Ripple (XRP) also saw significant gains. Bitcoin’s strong price performance reflects growing interest from institutional investors and mainstream adoption, with some experts predicting a continued upward trend in the crypto market.
Source: https://www.barrons.com/articles/bitcoin-price-rises-record-high-xrp-93acea6b