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The Independent UK
The Independent UK
National
Anthony Cuthbertson

Bitcoin now more valuable than silver after morning surge

  • Bitcoin achieved a new all-time high on Friday morning, with its price surging above $118,000 (£87,000) for the first time in its history.
  • The cryptocurrency's market capitalisation now exceeds $2.3 trillion, surpassing tech giants like Alphabet and Meta, and notably overtaking silver.
  • The record-breaking rally was initiated following Donald Trump’s “Liberation Day” announcement on 2 April, which led investors to turn to alternative assets.
  • Experts highlight significant institutional accumulation and the asset's stability, even amidst considerable macroeconomic uncertainty and rising global geopolitical tensions.
  • Crypto market analysts predict Bitcoin could reach an average of $145,167 by the end of 2025, with some forecasting the current bull run's peak around the first quarter of 2026.

IN FULL

Bitcoin price hits new record high after sudden surge

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