Bitcoin, the flagship cryptocurrency smashed a new all-time high touching $94,000 yesterday evening.
The primary crypto asset continues to surge following the bull run currently sweeping through the market.
The new all-time high means that Bitcoin is $6000 shy of hitting the $100,000 mark predicted by analysts to be the new price of one Bitcoin before the end of the year.
Bitcoin at the moment is exchanging hands for $93,319 surging by 1.7% in the last 24 hours. The asset is less than $1000 down from its new all-time high which it touched yesterday evening.
The global crypto community reacted with excitement to the new all-time high reached by Bitcoin yesterday. Reactions from top voices in the sector bordered on positive exclamations and technical explanations for the rise in Bitcoin price.
Other reactions from other members of the crypto community bordered on Bitcoin hitting a possible $100,000 before the year ends.
Blackrock, one of the largest financial institutions in the world has listed its spot Bitcoin ETF product on Nasdaq.
Seyffart argued that these call options reveal a high level of interest for Bitcoin in the market and resulted in Bitcoin hitting its new all-time high.