Bitcoin never sleeps! The first cryptocurrency is confidently setting new records. Luck is smiling on BTC, and its price is soaring!
Last week, the leading digital asset delighted investors with another price surge. On Monday, December 16, Bitcoin's price on Binance exceeded $106,000. Digital gold hit a new price record!
Bitcoin later climbed to $106,362. However, a bit earlier, BTC hovered around $105,000. That week, Bitcoin outdid itself as on Monday, December 16, its price broke the historical high twice in just a few hours.
Newly elected US President Donald Trump congratulated Bitcoin holders on the record-breaking price hike. The eccentric and witty billionaire asked not to thank him for such a performance of BTC.
Analysts believe the Republican had good reason to take credit for Bitcoin’s sudden rise. In the month following his victory in the presidential election, the value of the most popular digital asset surged by over a third, repeatedly setting new price records.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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