International : Bitcoin surpasses $45.000 mark, driven by concerns about banks and accumulation by large investors
On Thursday, Bitcoin reached a new high since January 12, surpassing the $45.000 mark. This rapid ascent is largely attributed to increasing concerns about US regional banks, as well as sustained accumulation of the cryptocurrency by large investors over the past few weeks.
Since last year’s banking crisis, investors have been seeking alternative solutions amidst uncertainty. In this context, Bitcoin has emerged as a safe haven, offering protection against fluctuations in the traditional banking system. This trend has strengthened in recent months as investors seek more stable and decentralized assets.
Bartosz Lipiński, CEO of Cube.Exchange, highlighted the growing accumulation of digital assets by major investors, suggesting that this could foreshadow a significant upward cycle until the end of the year. This outlook has fueled renewed interest in Bitcoin and other cryptocurrencies among institutional and individual investors.
Alongside this bullish trend, Bitcoin transaction volumes have seen a slight decline over the past two weeks. According to a JPMorgan note, average daily volumes decreased by 29.6% week-over-week. This decline could reflect temporary consolidation after the recent price surge, or cautious waiting from investors before a new growth phase.
Overall, Bitcoin’s current momentum underscores its increasing role as a diversified and resilient asset class, attracting attention from investors worldwide. While concerns persist about the stability of the traditional financial system, Bitcoin continues to position itself as a credible alternative, offering both security and long-term growth potential.
