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Bitcoin price has surpassed $100,000 for the first time, hitting an all-time high of $103,630. The achievement comes after setting new records in recent weeks following the US presidential election.
The election of Donald Trump, who promised pro-cryptocurrency policies, helped boost Bitcoin’s price. Since his victory in early November, Bitcoin’s price has risen by more than 30%.
The digital asset continued its record-breaking run, reaching $98,200 on November 21. After several days of volatility, Bitcoin finally broke through the six-figure mark on December 4.
At press time, Bitcoin was trading at $102,770, up 6.64% in the past 24 hours. This event reflects the growing acceptance of Bitcoin among investors and financial institutions. 1 reply
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