Bitcoin price reached a new historical peak, reaching $109.1 thousand. This is evidenced by data from CoinMarketCap.
As of 10:06 Moscow time on January 20, the growth of the cryptocurrency slowed down to 108.9 thousand dollars; Its price has increased by 3.63% since the beginning of the trading session.
In mid-January, Bitcoin fell below $90,000 for the first time in two months, after which the price increase continued.
Bitcoin price January 19 fallen Below $100,000 on the backdrop of Melania Trump, wife of US President-elect Donald Trump, launching her own memcoin (a cryptocurrency created as a social experiment). Memcoin before the First Lady of the USA launched Trump himself. Within 24 hours of the transaction, its capital increased ninefold, instantly reaching $15 billion.
The Bitcoin price started breaking records late last year after Trump won the US presidential election. The politician actively advocates the development of the crypto industry.
Previous Analyst guess Bitcoin rate as of January 2025.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.