On Monday, 20 January, the rate of the world’s largest cryptocurrency, Bitcoin, set a new historical record, reaching $109,007 per coin. This data is provided by the CoinDesk platform.
As of 09:50 Kyiv time, the price of Bitcoin dropped slightly to $107,817. The total market capitalisation of the cryptocurrency has reached an impressive $2.14 trillion.
Growth in 2025
At the beginning of 2025, Bitcoin is showing significant growth. Since the beginning of the year, its value has increased by $14 thousand, which indicates the continuation of positive dynamics in the cryptocurrency market.
What caused the growth?
Analysts point to several reasons for this rally. First, there is growing interest in digital assets as a hedge against economic instability. Second, institutional demand is growing as large corporations and funds are increasingly investing in cryptocurrencies.
A key market player
Bitcoin remains the most popular cryptocurrency in the world, far outstripping its competitors in terms of capitalisation and investor confidence. Its success is contributing to the overall growth of the cryptocurrency market and attracting new investors.
Experts predict that if the current trend continues, Bitcoin could reach new record highs in the coming months.
