Bitcoin Surges to Record $106,000 Amid Trump's Crypto Reserve Plans

Business12/16/2024
Bitcoin Surges to Record $106,000 Amid Trump's Crypto Reserve Plans
Image Credits: The News

Bitcoin has broken the $106,000 barrier, marking a significant milestone in the cryptocurrency market. According to recent data, the price of Bitcoin has surged to $106,533, representing a 3.2% increase in value. This upward trend is not limited to Bitcoin, as the price of Ether has also seen a 1.5% increase, reaching $3,965. The total market value of all cryptocurrencies has surpassed $3.8 trillion, with Bitcoin's yearly increase standing at a remarkable 192%. The US, China, UK, Bhutan, and El Salvador are among the countries with significant Bitcoin holdings. Notably, MicroStrategy, a leading technology company, has been included in the Nasdaq-100 index, with a market value of $94 billion. These developments are expected to have a lasting impact on the cryptocurrency market, with many experts predicting further growth in the coming months.


Similar Perspectives

Facts that align with the main story

Bitcoin price is $106,533

Price increase of 3.2%

Ether price is $3,965

Business>


Inflation Rates See Slight Increase: Key Observations

Inflation Rates See Slight Increase: Key Observations

published 1 day ago

PSX Bounces Back with 3,238.17 Point Gain

PSX Bounces Back with 3,238.17 Point Gain

published 1 day ago

Profit-taking impacts PSX amid political uncertainties

Profit-taking impacts PSX amid political uncertainties

published 1 day ago

Stock Market Surpasses 116,000 Mark Amid Rate Cut Anticipation

Stock Market Surpasses 116,000 Mark Amid Rate Cut Anticipation

published 7 days ago

PSX's Record-Breaking Performance and Economic Indicators

PSX's Record-Breaking Performance and Economic Indicators

published 8 days ago

IT Sector's Contribution to Economic Growth: Key Facts Revealed

IT Sector's Contribution to Economic Growth: Key Facts Revealed

published 9 days ago

Fact Comparison

FactThe NewsThe Nationgeo.tv
Bitcoin price is $106,533
Price increase of 3.2%
Ether price is $3,965
Ether price increase of 1.5%
Total cryptocurrency market value is $3.8 trillion
Yearly increase in Bitcoin price is 192%
Countries with significant bitcoin holdings include US, China, UK, Bhutan, and El Salvador
MicroStrategy is included in the Nasdaq-100 index
MicroStrategy market value is $94 billion

News Sources

The News
The News
The News
The Nation
The Nation
The Nation
geo.tv
geo.tv
geo.tv

Reader Comments