The post Bitcoin’s Uptime Highlights Reliability Amid Price Surge and Institutional Interest appeared on BitcoinEthereumNews.com.

Bitcoin has recently reached a significant milestone, crossing the $100,000 mark for the first time in 2025, underscoring its growing acceptance as both a store of value and a medium of exchange. According to Riot Platforms’ Pierre Rochard, Bitcoin’s remarkable uptime record, combined with increasing institutional interest, positions it as potentially “the most reliable monetary system” currently available. Rochard emphasized that the Bitcoin network processed more than $19 trillion worth of transactions in 2024, further solidifying its role in the global financial landscape. This article discusses Bitcoin’s milestone exceeding $100,000, Riot’s Pierre Rochard’s insights, and the implications of growing institutional interest in cryptocurrency. Bitcoin Surpasses $100,000: Key Indicators of Resilience and Growth As Bitcoin soared past the $100,000 threshold earlier this week, it marked a remarkable recovery and a continuation of its upward trajectory. Notably, the rise in Bitcoin’s price is attributed to several factors including institutional adoption, increased transaction volume, and an overall positive market sentiment. The cryptocurrency has demonstrated an exceptional uptime since its inception, adding to its legitimacy as a monetary system. Institutional Interest Fuels Price Surge Institutional investment in Bitcoin has reportedly been on the rise, with notable inflows identified recently. On January 3, 2025, the market observed $908 million in net inflows to Bitcoin ETFs, marking the fifth-highest single-day inflow since the introduction of these products. Tom Wan, Head of Data at Entropy Advisors, indicated that this spike demonstrates sustained interest from institutional players, suggesting a potential alignment of Bitcoin with traditional financial systems. Analyzing Bitcoin’s Stability and Uptime The historical context of Bitcoin’s reliability cannot be overstated. Since its launch on January 3, 2009, Bitcoin has only experienced two major downtime events: the infamous value overflow incident in 2010 and a bug-related downtime in 2013. Both incidents were promptly addressed by developers, showcasing the…

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Filed under: News - @ January 6, 2025 8:26 pm