Bitcoin Exceeds $102,000 and Hits New Record

© AP Photo / Kin CheungFILE - An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong, on Feb. 17, 2022. Bitcoin slumped to a two-year low, Wednesday, Nov. 9, and other digital assets sold off following the sudden collapse of crypto exchange FTX Trading, which has been forced to sell itself to larger rival Binance.
FILE - An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong, on Feb. 17, 2022. Bitcoin slumped to a two-year low, Wednesday, Nov. 9, and other digital assets sold off following the sudden collapse of crypto exchange FTX Trading, which has been forced to sell itself to larger rival Binance. - Sputnik Africa, 1920, 05.12.2024
Subscribe
MOSCOW (Sputnik) - Bitcoin is the first decentralized cryptocurrency, operating on a peer-to-peer network where transactions are verified and recorded on a public blockchain without any central authority.
The price of bitcoin has reached a new all-time high (ATH), exceeding $102,000, according to trading data.
The maximum trading price was $102,428 for bitcoin on the Bitmex Cryptocurrency Exchange and $101,588 on the Binance Cryptocurrency Exchange.
Bitcoin began to rise in price on news of Donald Trump's victory in the US presidential election in early November.
A souvenir coin with bitcoin emblem - Sputnik Africa, 1920, 13.11.2024
Bitcoin Price Hits New Record, Exceeding $90,000 for First Time in History
It has gone up more than 52% from about $67,000 to over $102,000 since November 5.
Newsfeed
0