{"id":468685,"date":"2025-05-22T14:19:57","date_gmt":"2025-05-22T18:19:57","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/bitcoin-chains-a-new-high-on-the-verge-of-112000\/"},"modified":"2025-05-22T14:19:57","modified_gmt":"2025-05-22T18:19:57","slug":"bitcoin-chains-a-new-high-on-the-verge-of-112000","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/economy\/bitcoin-chains-a-new-high-on-the-verge-of-112000\/","title":{"rendered":"Bitcoin chains a new high on the verge of $112,000"},"content":{"rendered":"\n

Madrid.-<\/strong> The bitcoin<\/strong>, the most used cryptocurrency, reached a new all-time high this Thursday, already on the verge of 112,000 dollars, <\/strong>in an environment marked by doubts about the US deficit and the weakness of the dollar.<\/p>\n\n\n\n

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The cryptocurrency reached $111,979 at 17:34 GMT, above the $111,878 it had touched at the beginning of the session, according to Bloomberg data.<\/p>\n<\/blockquote>\n\n\n\n

Bitcoin chained highs since yesterday. Until Wednesday’s session, the previous record had been set on January 20, coinciding with the inauguration of the U.S. president, Donald Trump.<\/p>\n\n\n\n

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So far this year, the cryptocurrency has appreciated by more than 18%.<\/p>\n<\/blockquote>\n\n\n\n

Bitcoin benefits from dollar weakness<\/strong><\/h3>\n\n\n\n

According to Eric Demuth<\/strong>, CEO<\/strong> and co-founder of the cryptocurrency trading platform Bitpanda<\/a><\/strong>, this new all-time high for bitcoin “is not a peak, but a statement of intent”.<\/p>\n\n\n\n

“Behind it, the hand of the U.S. is clearly perceived, which now sees cryptocurrencies and digital assets as a central and strategic issue in its financial and economic policy,” he asserts.<\/p>\n\n\n\n

Market analyst Manuel Pinto believes that the cryptocurrency benefits, mainly, from the weakness of the dollar and the growing concern about the US fiscal deficit.<\/p>\n\n\n\n

You may be interested in: <\/strong>Bitcoin surpasses $108,000 and marks a new high with Trump’s support<\/a><\/p>\n\n\n\n

To this is added the “favorable turn in the regulatory approach under the Trump Administration” and “optimism surrounding the regulation of ‘stablecoins’ (cryptocurrencies linked to a more stable asset).<\/p>\n\n\n\n

For Simon Peters, a cryptoasset analyst at the eToro platform, the rise of Bitcoin responds to the forecast that global liquidity will increase throughout the year.<\/p>\n\n\n\n

In his opinion, “the recent downgrade of the United States’ credit rating and the amount of debt it needs to refinance this year” could affect “the current demand for newly issued Treasury bonds,” which would cause the Federal Reserve (Fed) to provide the cash for these bonds and increase its balance sheet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Madrid.- The bitcoin, the most used cryptocurrency, reached a new all-time high this Thursday, already on the verge of 112,000 dollars, in an environment marked by doubts about the US deficit and the weakness of the dollar. The cryptocurrency reached $111,979 at 17:34 GMT, above the $111,878 it had touched at the beginning of the […]<\/p>\n","protected":false},"author":3,"featured_media":468686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[4],"tags":[13798,40683],"class_list":["post-468685","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bitcoin","tag-cryptocurrencies"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-1XVr","jetpack_featured_media_url":"https:\/\/deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/Captura-de-pantalla-2025-05-22-141223.jpg","dum_api":{"author_name":"EFE","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2021\/08\/1200px-EFE_logo.svg-96x96.png","categories_name":["Economy"],"featured_media_url":"https:\/\/cdn.deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2025\/05\/Captura-de-pantalla-2025-05-22-141223.jpg"},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/468685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=468685"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/468685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media\/468686"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=468685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=468685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=468685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}