The price of Bitcoin has surpassed $123,600, setting a new historical high

ChainCatcher news, according to Jin10 data reports, the price of Bitcoin has surpassed $123,600, setting a new historical record high since July 14. This marks a further expansion of risk asset allocation by investors globally. The steady rise of Bitcoin is attributed to the friendly regulatory environment fostered by the Trump administration, as well as the continuous accumulation by listed companies. Market analysts point out that this correlated trend reflects the shared optimism between the speculative sector and mainstream assets, with a loose financial environment driving funds towards high-volatility crypto assets.