106,600 USD! Bitcoin hits a new all-time high, 90,000 people liquidated!

After a brief adjustment, cryptocurrencies once again rose across the board, with Bitcoin reaching a maximum of 106,660 USD, setting a new all-time high, surpassing the previous peak of 103,800 USD reached on December 5. Currently, it is at 105,170 USD, up 3.69%. In the last 24 hours, a total of 94,200 people have been liquidated globally, with a total liquidation amount of 309 million USD.

Ethereum is up 3.32%, at 4,000 USD. Dogecoin, Solana, and others are also on the rise.

Bitcoin has completed seven consecutive weeks of gains as of Sunday, the longest streak since 2021. From around 40,000 USD at the beginning of the year, Bitcoin's increase this year has exceeded 170%.

U.S. president-elect Donald Trump favors a cryptocurrency-friendly regulatory environment, supports the idea of the national reserve holding Bitcoin, and plans to reverse the Biden administration's crackdown on the digital asset industry. This has also increased investor optimism about the U.S. cryptocurrency regulatory environment. Since Trump won the presidential election last month, Bitcoin has surged significantly and broke through 100,000 USD. After first breaking through 100,000 USD on December 5, Bitcoin experienced significant volatility, during which it also dipped below 95,000 USD.

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