Bitcoin Hits $112K, but Something Feels Off
Bitcoin is on the move again. The world’s largest cryptocurrency by market value surged past a symbolic milestone on Wednesday, reaching a record-breaking $112,055 on the Coinbase exchange around 3:55 p.m. ET. That’s the highest price ever recorded for Bitcoin on Coinbase, surpassing the previous high of $111,891 set in May. With this latest surge, Bitcoin is up nearly 20% since the start of the year. The sudden move stunned traders and rekindled hopes among Bitcoin’s faithful. For weeks, pric