Bitcoin hits new record high, while ether surpasses $4,000 (Communities - News & Events)

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Bitcoin hits new record high, while ether surpasses $4,000


Bitcoin continued its recent upward trajectory, reaching another record high of $72,750.16, with a 3% increase to $72,022.16 at the time of reporting, according to Coin Metrics. Last week saw bitcoin setting new records amid volatile trading, a trend that continued over the weekend.

The surge in the price of bitcoin has been fueled by significant inflows into U.S. spot bitcoin ETFs, totaling $2.7 billion last week and reaching $10.3 billion year-to-date. However, increased leverage in the crypto market has resulted in substantial price swings, reminiscent of levels seen almost a year ago, with bitcoin open interest reaching all-time highs.

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Last Update : 06 August 2025 5:20 PM
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2025-09-14 (0.223 sec)