WASHINGTON DC: Bitcoin has just set a new all-time high, climbing past $108,000 for only the second time in its history, per data from Coin Gecko. Its price is currently $107,847.
This milestone was reached on the day of the inauguration of Donald Trump, a period where the crypto space has been quite active in anticipation of this event. Bitcoin is up 8% over the past 24 hours, and its seven-day gain is close to 18%.
The new record price of $108,740 was printed just an hour ago, reflecting the frenetic interest in Bitcoin.
The first time Bitcoin broke above $108,000 was on December 17, after news that a pilot of a Bitcoin national reserve was being launched in the US.
And to which several investors are especially hopeful today, looking forward toward the chance at having another strategic Bitcoin reserve under Trump in the coming November election.
He would hypothetically allow Washington, DC, a crypto stockpile. So also furthering Bitcoin’s acceptance into mainstream, greater global finance spaces.
Ethereum 4.7% to 3,363 dollars DOGE 0.5% 377 dollars and also Solana: 262 dollar. At this point in time, Bitcoin enjoys a fully diluted market capitalization of $2.14 trillion and 19,812 million coins circulating, making it the most commanding cryptocurrency in the market.¹
