Taiwan time on the 11th around 14:00, Bitcoin (BTC) once again surged to a new historical high of $118,400, creating records for two consecutive days, which greatly excited the crypto community.
Since the beginning of this year, Bitcoin's price has cumulatively increased by over 20%, benefiting from institutional fund expansion, policy clarity, and rising market risk appetite. Especially with the recently introduced crypto-friendly policies in the United States, many enterprises have incorporated Bitcoin into their financial report asset items, known as the "Bitcoin reserve" strategy companies, such as Strategy, Metaplanet, 21 Capital, and others.
Bitcoin Priced in New Taiwan Dollars Has Not Broken New High
Interestingly, due to the recent strength of the New Taiwan Dollar, according to data from MAX and BitTrust exchanges, Bitcoin priced in New Taiwan Dollars is currently around 3.45 million, still far from the historical high set in January, which is a very rare situation.
For those who originally held USDT or BTC, it makes no difference, but for users calculating returns in New Taiwan Dollars, they instantly lost quite a bit of profit; however, conversely, those wanting to enter the market now have an additional exchange rate advantage.
