$BTC

Bitcoin will continue to rise

This jump in value is also being fueled by growing optimism about the possibility of easing regulatory restrictions after Donald Trump's expected return to the White House as the newly elected president, Channel 24 reports, citing Reuters and Bloomberg.

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Analysts predict further growth in bitcoin.

Historical high

In December, bitcoin fell by 3.2% as American investors began to withdraw profits from their cryptocurrency assets. Nevertheless, in the middle of the month, the cryptocurrency jumped to a record high of $108,315, which was caused by market enthusiasm after Donald Trump's election victory.