Bitcoin Hits $118K: Bulls Remain Optimistic

Bitcoin critic Peter Schiff suggests selling BTC at new highs and buying silver instead, citing silver’s upside potential. BitMEX co-founder Arthur Hayes is slightly bearish due to US debt issuance but bullish overall, predicting a monster altcoin season. OKX CEO Erald Ghoos sees Bitcoin as the ultimate digital macro hedge amid global trade tensions. Bitcoin reaches new all-time high above $112,000, trading at nearly $118,000 with ongoing market optimism. Bitcoin continues to prove its strength as a maturing asset class amidst market volatility.

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1. Bitcoin reaches new all-time high of $60,000, fueled by institutional investment and growing mainstream acceptance.

2. Ethereum’s price surges to over $2,000 as demand for decentralized finance (DeFi) applications grows.

3. Dogecoin experiences a 400% price increase following Elon Musk’s endorsement on Twitter.

4. NFT market sees explosive growth, with total sales reaching $1.5 billion in the first quarter of 2021.

5. Major banks like Goldman Sachs and JPMorgan embrace cryptocurrencies, signaling a shift towards mainstream adoption.: Bitcoin Hits $118K: Critics Warn, Bulls Reload