Bitcoin Surges To Record High Of Over $105,000 For First Time

Bitcoin surged to a record high above $105,000 in early Asian trade on Monday, extending gains made since Republican Donald Trump, who has promised to champion cryptocurrencies, was elected US president in November.

Bitcoin hit a high of $105,142 and last traded at $104,666.

The price rose on news reports over the weekend that Trump would go ahead with a Bitcoin strategic reserve fund, according to Tony Sycamore, an analyst at IG.

“We’re in blue sky territory here,” Sycamore said. “The next figure the market will be looking for is $110,000.”

  • Related Posts

    Natixis Corporate & Investment Banking Fortifies Global Markets Team in the Americas with Strategic Hires

    NEW YORK, Feb. 12, 2025 /PRNewswire/ — Natixis Corporate & Investment Banking (Natixis CIB) today announced the appointments of Zach Rose, Matthew Pewarski, and Nate White in key leadership positions…

    Vorwärts und aufwärts: Zoomlion beginnt das Jahr 2025 mit der Auslieferung von über 10.000 Einheiten im Wert von 782 Mio. USD

    CHANGSHA, China, 12. Februar 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. („Zoomlion”; 1157.HK), ein weltweit führender Anbieter von Baumaschinen, hat mit seiner ersten großen Auslieferungsveranstaltung am…

    error: Content is protected !!