Bitcoin is set to continue its record-breaking rally and rise above $80 000, said Binance CEO Richard Teng.
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Debate is growing about whether the latest run in cryptocurrencies is evidence of speculative froth in global markets.
Memecoin trading volumes are now at levels last seen just before the burst of the last crypto bubble.
Bitcoin miner earnings hit all-time highs last week as the price for the cryptocurrency continues to trade around record levels.
Bitcoin briefly rallied to a record high as crypto mania continued to sweep through the investment community.
Smaller cryptocurrencies are starting to pull ahead of bitcoin as traders bet they’re next in line to test all-time peaks.
Record highs for bitcoin and gold are threatening to send mixed messages about the appetite for risk across global markets.
Bitcoin hit a record high on Tuesday, fuelled by investors pouring money into US ETFs and the prospect of lower interest rates.
Bitcoin scaled a two-year high on Monday, breaking $64 000, taking it within striking distance of record levels.
At the heart of the rally that is pushing bitcoin towards a record high is a simple tenet of economics.