Bitcoin sets a new all-time high, approaching $94 thousand
Kyiv • UNN
Bitcoin has reached a new all-time high of $93.8 thousand on the Binance exchange. In a short time, the cryptocurrency has risen from 68 thousand dollars. Speculation is rife on the market about a possible rise in the currency's price to $100,000.
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, Binance. UNN writes about this with reference to TradingView.
Details
After the United States elected Donald Trump as its next president on November 5, bitcoin began to grow. At that time, the asset was trading at $68 thousand, but on the same day it soared to $75 thousand.
Growth continued next week, and bitcoin peaked last Wednesday at $93.4 thousand. Since then, bitcoin has entered a consolidation phase and even dropped below $87 thousand amid profit-taking, especially by miners.
However, it didn't stay there for long and at the beginning of the current workweek, it started a new risethat pushed it to over $92,000 several times. After a few rejections, it broke through this line and today it has risen above $93,000.
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 could reach $100 thousand.
Recall
An HBO documentary claimsthat the real identity of Satoshi Nakamoto, the creator of bitcoin, has been revealed. The revelation could affect financial markets and elections in the United States, as well as raise questions about potential complicity in crimes.
