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Bitcoin Soars Past $106,000 For A New ATH — What’s Driving The Frenzy?

Bitcoinist LogoBitcoinist11h ago

Bitcoin Soars Past $106,000 For A New ATH — What’s Driving The Frenzy? - Bitcoinist

Quick Summary:

Optimism regarding a potential strategic reserve fund proposed by President-elect Donald Trump has propelled Bitcoin to surpass $106,000 for the first time.

Related Reading: $36 Trillion Question: Can Bitcoin Really Save The US?

This upward trend has caught the attention of investors and experts, who are now guessing where Bitcoin’s price will go next.

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Bitcoin Soars Past $106,000 For A New ATH — What’s Driving The Frenzy? - Bitcoinist (Picture 1)Bitcoin Soars Past $106,000 For A New ATH — What’s Driving The Frenzy? - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 19:30:28 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 368 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 24455942

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Bitcoin Soars Past $106,000 For A New ATH — What’s Driving The Frenzy?" has 368 words across 32 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin Soars Past $106,000 For A New ATH — What’s Driving The Frenzy?" was covered 11 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 14 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #24455942
  • URL: https://beamstart.com/news/bitcoin-soars-past-106000-for-17343776642502

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