Bitcoin continues its upward trajectory, surging to to to approach its record peak of $122,838. The leading cryptocurrency is currently trading near $122,000, signaling strong bullish momentum in digital asset markets.
Market activity shows heightened investor interest with open interest climbing by 7,834 BTC, reflecting intensified buying pressure. This surge coincides with favorable macroeconomic conditions and growing market optimism that are driving capital into cryptocurrency markets.
Industry analysts project Bitcoin could reach $150,000 by year-end, citing sustained positive trends and supportive fundamentals. The combination of technical indicators and macroeconomic tailwinds suggests continued strength for the flagship cryptocurrency in coming months.