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Bitcoin reaches new all-time high of above $106,000

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Bitcoin hit $106,400 in the early hours of December 16 Crypto trader believes the next three to four weeks are going to be significant for Bitcoin if history repeats Investors believe Bitcoin reaching $120,000 by the end of 2024 is achievable Bitcoin set a new all-time high above $106,000 following news that President-elect Donald Trump is considering plans to create a US Bitcoin strategic reserve. In the early hours of December 16, Bitcoin topped more than $106,400, according to data from CoinMarketCap. Bitcoin reaches over $106,000, setting a new all-time high. Source: CoinMarketCap At the time of publishing, Bitcoin has retraced slightly to $104,700. Over the past year, the world’s largest crypto asset has risen nearly 148% in value. Bitcoin’s previous high was set on December 5, hitting close to $104,000. News of Bitcoin’s rally comes as Trump announced he’s considering creating a US Bitcoin strategic reserve similar to its oil ...