Bitcoin value hits all-time high of $100,000, reports Binance platform data The #Bitcoin reached a historic milestone early on Thursday, surpassing the psychologically important threshold of $100,000, according to Binance platform’s trading data. The threshold was crossed at 2:33 a.m. GMT as the crypto currency gained 4.49% during trading. As of 2: 42 a.m. GMT the Bitcoin accelerated its growth, trading at $101,000 (+5.63%). According to analysts, there are several reasons behind the increase in cryptocurrency prices. The reasons particularly include US President-elect Donald #Trump’s ambitious plans to turn the United States into a global cryptocurrency hub and review the US Securities and Exchange Commission’s regulatory policies. Another reason why cryptocurrencies attract investors is because Bitcoin and Stablecoin are seen as potential defensive assets during geopolitical crises.

Bitcoin price hits all-time high, exceeding $89,000 The price of bitcoin hit another all-time high, exceeding $89,000, according to data from Binance. As of 01:07 UTC, the price of bitcoin fell and reached $88,200. Bitcoin is a decentralized system of a crypto currency of the same name based on the blockchain technology, which can be mined by any user - system participants. The concept was published in November 2008 by its author (possibly a group of authors) under the pseudonym Satoshi Nakamoto.

Bitcoin extends gains to $80,000 The price of #bitcoin renewed its all-time high, rising to $80,000, Binance platform data showed as of 11:59 a.m. UTC At 12:20 p.m. UTC, Bitcoin traded lower at $79,500. Bitcoin was invented in 2008 by an unknown person or a group of people using the name Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries.