Bitfinex Alpha | Bitcoin Gets Re-Priced as It Surges to New ATH
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Bitcoin has surged to a new ATH, breaking out of its prolonged consolidation between $100,000 and $110,000 to reach $123,120—marking an explosive 12.2 percent move beyond January’s peak and a 65 percent rally from the April lows. This move was powered by short-term holders aggressively bidding. Bitcoin’s sharp rebound from the tariff-induced April panic has firmly reasserted its status as a macro-resilient asset, outperforming traditional hedges like gold and equities. In a market grappling with global uncertainty, Bitcoin’s unique positioning as a high-beta safe haven is increasingly validated.