Bitcoin Breaks Its All-Time High Again and Sets a New Record of $93.8K
It took bitcoin less than seven days to break its all-time high again and set a new record of $93.8 thousand on the world's largest crypto exchange
Bitcoin has set a new all-time high, reaching $93.8 thousand on Binance.
After Donald Trump was elected the next US president on November 5, the first cryptocurrency began to rise sharply. At that time, the asset was trading at $68 thousand, but on the same day it soared to $75 thousand.
The growth continued the following week, and last Wednesday bitcoin peaked at $93.4 thousand. After that, amid profit-taking, especially by miners, bitcoin entered a consolidation phase and even dropped below $87 thousand.
However, it did not stay there for long, and at the beginning of the current workweek it began a new rise, which several times pushed it over the mark of $92 thousand. After several rejections, it nevertheless broke through this line and today it rose above $93 thousand.
On Tuesday evening, bitcoin soared to $93.8 thousand, setting a new peak.
Against this backdrop, there are active discussions and speculations that the price of bitcoin may reach $100 thousand.
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