In a vibrant day for the crypto ecosystem, Bitcoin reached a new all-time high of $124,002.49, driven by growing expectations of interest rate cuts by the Federal Reserve, strong institutional demand, and a series of pro-crypto regulatory reforms in the United States. At the same time, Ether also set a record, trading at $4,780.04, its highest level since 2021.
According to analysts, if Bitcoin manages to hold above $125,000, it could aim for levels as high as $150,000. The total crypto market capitalization now exceeds $4.18 trillion, significantly higher than the $2.5 trillion recorded in November 2024
In another key announcement today, U.S. Treasury Secretary Scott Bessent stated that the country does not plan to purchase more cryptocurrencies for its strategic Bitcoin reserve, opting instead to use only seized assets to strengthen it. He also indicated that the sale of these reserves will be halted; current estimates place their value between $15 billion and $20 billion.
Finally, the day was marked by a concerning incident: businessman known as “CryptoSpain”, alleged financier of MEP Luis Pérez (Alvise), reported a robbery at his home in Madrid. The assailants stole €210,000 in cash and approximately €1.3 million in cryptocurrencies, along with jewelry, luxury watches, and mobile devices containing locked funds worth $1.8 million.
