According to reports, Bitcoin surged to a record high of $111,988.90, with a 0.4% increase to $111,259. Key highlights:
• Bitcoin hits all-time peak near $112,000, up over 18% this year.
• Institutional demand and risk appetite drive the surge.
• Ether also climbs to one-month high at $2,794.95.
This development signifies a growing acceptance of digital assets in the financial sector.
Bitcoin’s rally reflects a broader trend in the Indian tech ecosystem towards embracing digital currencies, signaling potential for further innovation and adoption in the Indian IT sector and startup culture.
Source: Technology News Today, Latest Tech News | The Hindu