Bitcoin Price Breaks All-Time High
The price of Bitcoin has surpassed the $106,000 mark for the first time in history, breaking its historical record once again.
In total, since Trump’s victory in the US elections, Bitcoin has risen in price more than one and a half times, and the downward rebound expected by some market participants did not happen, and the next level that the coin should test will be $110,000. Since the beginning of the year, Bitcoin has grown in price almost three times, and the total turnover of the cryptocurrency market has doubled to $3.8 trillion. Back in the summer, Trump began discussing the idea of forming a kind of national reserve in this cryptocurrency, and with his coming to power in the US, it again comes up in investors’ expectations.
Against the backdrop of Bitcoin’s growth, the value of other key cryptocurrencies on the market is also increasing. Thus, Ethereum has grown by 1.15%, to $4 thousand per unit.