An image cut featuring a Bitcoin model placed next to gold. /Courtesy of Twitter

The leading virtual asset Bitcoin has surpassed $112,000, setting a new all-time high.

As of 8 a.m. on the 10th, Bitcoin recorded $111,357 on CoinMarketCap, a global cryptocurrency market tracking website, up 2.22% from 24 hours ago. Earlier that morning, around 4 a.m., Bitcoin had also crossed the $112,000 mark for the first time. This surpassed the previous all-time high of $111,900 recorded on May 22, just a month and a half later.

Since then, it has shown a downward trend, falling back to the $110,000 level.

Other virtual assets are also showing an upward trend. Ethereum, the second largest by market capitalization, is trading at $2,778, up 6.83% from 24 hours ago. Ripple has risen 4.66% to $2.41, and Solana has increased by 4.16% to $157.80.

The rise in Bitcoin that day is attributed to artificial intelligence (AI) semiconductor corporations Nvidia surpassing an all-time market capitalization of $4 trillion (about 5,500 trillion won).

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