Bitcoin hits new record high of more than $106,000

Quick Summary:

The world's largest cryptocurrency has risen by more than 50% since Donald Trump's election victory.

Trump rings bell on record stock market - but will it last?

On Thursday, the US president-elect reiterated that he is considering creating a national stockpile of the digital currency, similar to the country's strategic oil reserve.

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Article Details

Category: Business

Markets: United KingdomArgentinaChina

Topics: Month Gensler Administration Biden President-elect Cryptocurrency Seen Record Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 03:04:25 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24424794

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 4 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 15 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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