Bitcoin, the leading cryptocurrency by market capitalization, hit a new local high of $105,976 this Sunday at the BitStamp Exchange.
After giving up some profits, the flagship cryptocurrency is now changing its hands at $104,619.
As Bitwise CEO Teddy Fusaro pointed out, Bitcoin managed to surpass its previous local high of $105,787 on May 12th.
New Local High is installed and costs $105,950.
The next level is the highest ever high since January 20th at $109,358. https://t.co/g9xchvc0zn
-Teddy Fusaro (@teddyfuse) May 18, 2025
As reported by U.Today, author of “Rich Dad Poor Dad,” Robert Kiyosaki recently predicted that major cryptocurrencies could surge to $250,000 this year.
At press time, Bitcoin is less than 5% since it recovers record highs.
