Bitcoin crosses $126,000: Why BTC hit a new all-time high this week

Bitcoin (BTC) breached $126,100 for the first time in history on Oct. 6, climbing 2.5% in 24 hours as record institutional demand and macroeconomic uncertainty converged to push it to new highs. Bitcoin has since retraced to $123,500, sitting around the previous all-time high, which now acts as a support for the uptrend. The rally The post Bitcoin crosses $126,000: Why BTC hit a new all-time high this week appeared first on CryptoSlate.