Bitcoin Breaks New Records, Approaches $124,000 Amidst Economic Uncertainty

Bitcoin has set a new record high, surging past the $4,500 mark and pushing towards $124,000. This impressive rally is fueled by macroeconomic trends and increasing on-chain demand from investors. Despite ongoing geopolitical uncertainties, Bitcoin’s price continues to rise as traders anticipate further gains in the coming weeks. Analysts are closely monitoring the next moves as institutional interest grows and favorable macro conditions prevail. 14% growth was reported within the past week alone.