The cryptocurrency has once again updated its historical value record in just a few months.
The price of Bitcoin for the first time in history exceeded the mark of 106 thousand dollars and it once again broke the historical record. This was confirmed on Monday, December 16, by data from the Binance crypto exchange.
At its peak, at the time of 02.40 Kyiv, the cryptocurrency at the exchange rate of the site was worth about 106.6 thousand dollars. However, at 04.22 the rate fell to 105.4 thousand dollars. It fell even lower, but then rose again. During the day, the value of the cryptocurrency increased by more than 3.5%.
The rate of Bitcoin began to rise on November 5, the day of the US presidential election, from 68 thousand dollars Since then, the value of the cryptocurrency has updated its historical maximum several times.
Newly elected US President Donald Trump has named businessman and investor David Sachs responsible for policy in the field of artificial intelligence and cryptocurrency.
We remind you that on December 5, Bitcoin for the first time exceeded the $100,000 mark, setting its new all-time high. The price of the cryptocurrency rose sharply after the announcement of Trump’s victory in the US election.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.