Hajra Naz
Bitcoin (BTC) reached a new record high of $121,216 early Monday morning. This is a big jump from just a few months ago.
In April, Bitcoin dropped to around $75,000. Since then, it has gone up by more than $45,000. At around 9:55 a.m. (Pakistan Time), BTC was up nearly 3% on the day.
Why Is Bitcoin Going Up?
Investors are feeling more confident about crypto again. Some big countries are showing support for digital currencies. Banks and governments are also talking about using crypto in the future.
This is making more people trust Bitcoin. Many now see it as a safe way to store money, like gold.
Could Bitcoin Go Even Higher?
Some experts think Bitcoin might hit $130,000 by the end of this month. They say if demand stays strong and no bad news comes, prices could keep rising.
Other reasons behind the price jump include:
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More big companies and investors are buying Bitcoin
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Upcoming blockchain upgrades
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Strong interest in Bitcoin ETFs
Read More: Emirates to Accept Crypto Payments for Flights Starting in 2026
Other Coins Are Rising Too
It’s not just Bitcoin doing well.
Other popular cryptocurrencies are also going up:
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Ethereum (ETH) is at $3,051, up 3.15%
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Solana (SOL) is at $167, up 3.38%
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Binance Coin (BNB) is trading at $699
This shows that the whole crypto market is gaining strength, not just Bitcoin. Many altcoins are going up as investor interest returns.
What Happens Next?
With Bitcoin above $121,000, people are excited. Some believe this is the start of another bull run. Others are being careful because crypto can still be very unstable.
As more countries and companies join the crypto space, Bitcoin’s future looks bright. But for now, investors are watching closely to see if prices keep rising—or if a drop is coming.
