3 weeks ago 9

Bitcoin Tops $106,000 First Time Ever

MOSCOW (Sputnik) - The price of bitcoin has reached a new record high, exceeding $106,000, according to trading data.

On Binance, the largest cryptocurrency exchange by trading volume, bitcoin was trading up 5% at $106,362, as of 00:42 GMT.

According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, the price of bitcoin grew by 4.34% to $105,808.

This Wednesday, April 3, 2019, file photo shows a box filled with dollar bills, in New York. - Sputnik International, 1920, 12.11.2024

Analyst Warns Dollar at Risk as Bitcoin Hits All-Time High With Trump’s Support

12 November, 10:51 GMT

Bitcoin began to rise in price on news of Donald Trump's victory in the US presidential election in early November.

It has gone up more than 52% from about $67,000 to over $106,000 since November 5.

Read this article on source website