Bitcoin has just achieved a new historical maximum of $ 110,000 because banking and companies have gone from hating him to love him

Bitcoin broke the $ 111,000 barrier this Thursday and marked a new record. The difference is that while in other records the reasons had to do with external events, here the growth is mainly due to one thing: the interest of some institutions that for years reneged of this type of investment.

111,878 dollars. A few hours ago, as indicated in Coindesk, a Bitcoin worth 111,878 dollars, a figure never seen before and that seems to confirm that renewed optimism that investors have recovered for this cryptocurrency.

A singular recovery. The tariffs announced by Trump affected not only the world bags, but also the cryptocurrencies, which fell significantly. It also happened with Bitcoin, but since they were announced Pauses and exemptionsBitcoin’s growth has been clear. On April 9, it was at $ 76,000, but since then its value has been increased more than 45%.

Institutional love. The demand for this cryptocurrency not only comes from cryptoactive funds or traditional sale markets (exchanges): companies and institutions are now becoming large sources of investment and begin to treat BTC as a value reserve.

And business. There are several companies that are betting hard on Bitcoin. In fact, some are turning cryptocurrencies into their true focus. The most extreme case is Strategy (formerly Microstrategy), which already has 576.230 bitcoins In his possession (about 63.8 billion dollars), more than 2.5% of all those in circulation. An absolute “whale” of this segment.

The ETF work. The approval of the funds quoted in the stock market (ETF) based on Bitcoin has certainly changed the panorama in the United States. These mechanisms open the door for many more investors to enter this financial segment now that it is more “standard”. Analysts such as Jeff Mei, from the BTSE sale market, indicated that growth “will probably continue, especially as more companies go to public markets and ETFs.”

JP Morgan will allow Bitcoin to buy. If there has been a denial of Bitcoin, that has been Jamie Dimon. The JPMorgan CEO has renegated for years and other cryptocurrencies, but this week announced that it would allow its customers to buy Bitcoin to the clients of the entity. Of course, he did it by reiterating his skepticism about these assets.

In Spain the same is happening. Traditional banking was also reluctant to offer this type of investment, but little by little the entities are offering this possibility. The BBVA has been the last great exampleand the same goes for CaixaBank, which allows it although not proactively.

And this may lead to another momenty moment. This striking growth of Bitcoin could have a renewed interest on the part of investors who do not want to lose the train. The Fomo effect (Fear of Missing Out, the “fear of lost it”) is powerful in the financial field, and analysts raise new increases by that upward trend.

The evolution of other cryptocurrencies with great market capitalization (billion dollars) has been similar to that of Bitcoin. Even greater, in fact. Data: Coinmarketcap.

The rest of the market accompanies. Bitcoin’s evolution is solid in recent weeks, but so is the recovery of other cryptocurrencies that had also fallen remarkably and now have recovered part of the lost. The difference here is Bitcoin is marking historical maximums, but others such as ETH, XRP, Solana or Dogecoin are still far from the values ​​they reached in the past. ETH, for example, reached $ 4,900: it is currently 2,645.

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