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news-imageDecember 16, 2024

Why Bitcoin Is Going Up Today: Key Drivers Behind the Historic $106k Surge

Bitcoin (BTC) price surged over 2 percent in the past 24 hours to reach a new all-time high (ATH) of about $106,352 for the first time in 16 years of existence. As a result, the total crypto market cap is only $130 billion shy of hitting $4 trillion for the first time since inception.
Publisher: CoinPedia
Sentiment: Positive
BTC

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cover-imageBenzinga
December 16, 2024

Bitcoin's Bull Run Gets A Boost From Whale Accumulators, But Retail Still The King In Ownership

Bitcoin's (CRYPTO: BTC) record-breaking run to $106,000 has been considerably boosted by a spurt in whale investor holdings, on-chain data revealed Sunday, although retail continued to control the majority supply. What Happened: Since the bull rally commenced on Oct. 10, there has been a net increase of 1,582 more wallets holding at least 100 BTC, blockchain analysis firm Santiment reported on X.

Positive
cover-imageBitcoin
December 16, 2024

Bitcoin Blasts Past $105,000, Setting New Record High

Bitcoin, the flagship cryptocurrency, soared past the $105,000 mark on Dec. 15, 2024, reaching an intraday peak of $105,149 per coin. This represents a 4% increase against the U.S. dollar within the day, showcasing a strong performance in the crypto market.

Positive
cover-imageReuters
December 15, 2024

Bitcoin powers above $105,000 for first time

Bitcoin surged to a record high above $105,000 in early Asian trade on Monday, extending gains made since Republican Donald Trump, who has promised to champion cryptocurrencies, was elected U.S. president in November.

Positive
cover-imageCryptopolitan
December 15, 2024

Bitcoin makes new all-time high of $105,000

Bitcoin has surged past $105,000 for the first time ever, making a new all-time high mere minutes after breaking $104,000. This comes as optimism remains sky-high on the back of a crypto-friendly US presidential administration.

Positive
cover-imageBenzinga
December 15, 2024

Could Altcoins Outshine Bitcoin In Holiday Rally?

The co-founders of crypto analytics firm Glassnode have predicted a potential rally in Altcoins, just in time for the holiday season. What Happened: Jan Happel and Yann Allemann, who are known as Negentropic on social media X, have shared their insights.

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