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Bitcoin price was 104,179.72 dollars with the maximum current market of $ 2.07 trillion as of 10:30 am on Monday, May 12.
In terms of rupees, the price of bitcoin is 88,04,300 rupees.
Bitcoin price today, May 12: Bitcoin recorded the highest market value since February 2025 after reclaiming the largest cryptocurrency in the world 104,000 dollars. Experts said Bitcoin had witnessed more than 100,000 dollars for three consecutive days, supported by President Trump’s announcement of a “total reset” in commercial relations between the United States of China after high -level talks in Geneva.
Bitcoin price was 104179.72 dollars with the maximum current market of $ 2.07 trillion as of 10:30 am on Monday, May 12. Trading volume 24 hours was 46 billion dollars. Bitcoin has recorded a circulating supply of 19.86 million.
In terms of rupees, the price of bitcoin was 88,04,300 rupees.
“Bitcoin has risen beyond the mark of $ 104,000 yesterday, and it exceeded 100 thousand dollars for three consecutive days, supported by President Trump’s announcement of” a total re -setting “in the trade relations between the United States of China after high -level talks in Geneva,” said the Coinswitch Markets Office said in its note.
The total ceiling of the encryption market has risen to $ 3.49 trillion, its highest level since February. However, with the entry of the RSI index, it can be a short -term correction or monotheism on the horizon. She added that ETHEREUM increased by 8 percent during the weekend, and BNB did not touch $ 672, the highest level since March.
“The recent recovery in Ethereum and Altcoins indicates a final shift in market morale, and a feature to the early stages of the Altcoin season. With the expansion of Ethereum, investment ranges approximately 40 percent-driven by macro emptying and raising Betra-Dundering clearly in expansion.
While BTC maintains its momentum, which exceeds $ 100,000, its declining dominance reflects the redistribution of the capital through the ecosystem for encryption. He added: “In PI42, we consider this diversification a healthy dynamic in the market, which confirms the increasing confidence in decentralized technologies and wider use cases beyond merely the value store.”
Ethereum gets a batch
Hymancho Maradia, founder and president of CIFDAQ, said that projects related to the echerum ecological system showed exceptional power, such as expression as a main solution to layer 2, and the benefit of L1, and Ethena provides industrial dollar tools on Ethereum. Even the PI network drew attention during this gathering. The common topic? ethereum.
Through the price of Coin Pi $ Mark amid positive commercial conversations between the United States and China. According to Coinmarketcap, the price of Coin Coin increased by 33 percent to $ 1.25 at about 9:20 am, with a jump of 280 % at $ 1.32 billion.
He added: “The performance of ETH and ETH projects indicates the deepening of market confidence and the increase in capital rotation in the echareum widening ecosystem.”
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