Bitcoin tops $41,000 to hit another record, climbing 40% so far this year

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Investors increasingly view the cryptocurrency as a hedge against inflation.

The world's most valuable cryptocurrency traded as high as $41,756, according to data from Coin Metrics.

The world's most valuable cryptocurrency traded as high as $41,756 at 7:26 a.m. ET, according to data from Coin Metrics. It was last trading up about 6% from a day earlier, at $41,252. The cryptocurrency's blistering bull run has attracted attention from institutional investors, who view it as a potential safe haven asset akin to gold. Strategists atrecently said that bitcoin could hit $146,000 in the long term, as it competes with gold as an "alternative" currency.

 

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It's just the beginning

Imagine the headlines on Dec 21, 2021.

reserveprotocol $RSR is THE one to be buying now!

Bitcoin Everything else is noise

please tell your people to call our people we are waiting

CryptoLoveChris AHHHH

We are still early 👇

What is the earnings multiple, what is the underlying hard assets value, how is this ~~thing~~ worth anything?

Soon 45k $

it is because the us is about to enter runaway inflation and that is why the equity market does not go down, the fed is lost as inflation is already taking off but whatever everyone knews this was coming

Waiting for a phone call from grandma asking about Bitcoin.... as a sell signal.

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