The cryptocurrency market was seen leaving investors confused yet again. The world’s largest cryptocurrency, Bitcoin (BTC), managed to tease the entire market. Earlier today, the king coin reached a high of $108,024.36. BTC’s all-time high stands at $109,114.88. This peak was achieved about four months ago in January 2025. The asset’s rise had the community hoping that it would reclaim its peak or even record a new one. But the king coin had other plans. Despite this, a majority of BTC holders were at a notable profit.
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99% Bitcoin Investors Rake In Profits
According to data from Sentora, a notable 99% of Bitcoin holders are currently pocketing profits. Amidst this, 0% were at a loss, and 1% were at break-even. This is a bullish sign for the entire market.
Strong ETF inflows, growing institutional interest, and renewed hope in the larger cryptocurrency market are all contributing to this positive attitude. All eyes are on Bitcoin to see if it can eventually surpass its record high in the days ahead, as the vast majority of holders are in the green.
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How High Is The King Coin Trading Right Now?
At the time of writing, Bitcoin was trading at $106,561.94. This comes after a 1.28% rise over the past 24 hours. The king coin is currently 2.23% from hitting its all-time high. In addition, the world’s first cryptocurrency’s market cap stood at $2.11 trillion following a 1.29% daily increase.
While several believe that the world’s largest cryptocurrency could reclaim its peak later today, a few others suggested that BTC will take its own time. Since the distance between its current price and peak isn’t too much, the odds of BTC hitting this high sooner rather than later were high.
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