Bitcoin surpassed $100,000 earlier today. (Photo illustration by Chesnot/Getty Images)
Bitcoin prices rallied today, climbing past $100,000 for the first time this year as anticipation surrounding the inauguration of President-Elect Donald Trump bolstered the digital currency.
The world’s most valuable cryptocurrency by total market value reached more than $102,700 this evening, according to Coinbase data from TradingView.
At this point, it was up roughly 4% in less than 24 hours, after trading below $99,000 earlier in the day, additional Coinbase figures from TradingView reveal.
Interestingly enough, the digital asset, which reached an all-time high of more than $108,000 on December 24, spent the first several days of this year trading below the key, psychological level of $100,000.
Trump Rally
When asked what caused bitcoin’s latest rise above $100,000, several analysts pointed to the regime change that will…
