Bitcoin, the leading cryptocurrency, has scored the highest quarterly close ever of $107,149 on the Bitstamp exchange.
The BTC price was up by nearly 30% in the second quarter of the year after declining by 11.6% during the first quarter.
On top of that, the largest cryptocurrency has scored its highest monthly close ever. Last month, Bitcoin was up by a relatively modest 2.4%. This marked the third consecutive month in the green for the leading cryptocurrency. It added 14.11% and 11.11% in April and May, respectively.
In May, Bitcoin reached its current all-time high of $112,000. The cryptocurrency remains within striking distance of the record high, currently trading near the $107,000 level.
The cryptocurrency continues to see strong institutional demand, with spot-based Bitcoin ETFs recording 15 days of consecutive inflows.
Vladislav Sopov
U.Today Editorial Team