Bitcoin surpasses $98,000 to reach new all-time high
qz.com —
Bitcoin has reached a new all-time high, surpassing $98,000 and hitting $98,310. This surge follows the launch of Bitcoin exchange-traded fund options, which provide institutional investors a regulated way to access Bitcoin. The rally is also boosting other cryptocurrencies. Ether has risen 7% to $3,300, while Solana, Dogecoin, Cardano, and Shiba Inu have gained between 2% and 3%. This trend shows Bitcoin's influence on the broader crypto market. Market analysts suggest that Bitcoin's rise toward the $100,000 mark is now more likely, reflecting growing interest from a wider range of investors.