Bitcoin's upward momentum strengthens, hitting a new all-time high of $120,000.

On Monday, bitcoin touched $120,000 for the first time, and investors' optimism has been growing almost daily after its price broke through the consolidation range. Previously, the market had doubts about whether this original cryptocurrency could reproduce the record gains seen at the beginning of the year. As the leader in the cryptocurrency market, bitcoin has risen by 1.9% to $121,344, with a cumulative increase of 30% since December of last year. The price of bitcoin has more than doubled over the past year.