ChainCatcher news, according to Jinshi reports, Bitcoin has recently risen slightly after consolidating from its historical high, but remains below the key $100,000 mark. Data shows that this cryptocurrency reached an all-time high of $108,379 on December 17.
The support from the elected President Trump for cryptocurrencies has driven the development of the cryptocurrency industry. Since the closing price of Bitcoin was $67,077 the day before the presidential election on November 5, its price has climbed steadily. So far this year, Bitcoin has risen by 124%. Some analysts expect that Bitcoin's correction will be brief, with the next target price being $150,000.