Bitcoin (BTC) hits new all-time high at $107,700
DANIEL KIM
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2024.12.17 13:33
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Cryptocurrency prices today saw Bitcoin (BTC) hitting a new all-time high of $107,700, fueling market optimism.
BTC recorded a 24-hour low of $103,320 and a high of $107,777, reflecting strong market activity. Its market cap stood at $2.11 trillion, while its trading volume reached $83 billion. Bitcoin’s dominance in the market remained steady at 56.46%.
As per SoSo Value, BTC ETFs witnessed significant inflows of $218 million on Monday. Fidelity contributed $116 million to Bitcoin ETFs, followed by Ark and 21Shares with $47 million, and Bitwise with $30 million. Meanwhile, BlackRock’s ETF data is still awaited, keeping investors eager for updates.
In other news, Michael Saylor proposed a framework for the U.S. to address its $36 trillion debt with Bitcoin. His innovative suggestion highlights the growing potential of Bitcoin in reshaping global financial strategies.
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