#ReboundRally

Bitcoin's price hit $107,487 (€102,429.74), a new all-time high on Monday, according to Marketwatch. The queen of cryptocurrencies has gained more than 50% since Donald Trump won the presidential election last month, its price is up roughly 150% year to date.

Bitcoin's price has been surging to new records fuelled by ongoing speculation that the US may see a Bitcoin Strategic Reserve under President Trump after the US Treasury named bitcoin digital gold. The strategic reserve would potentially mean that the US stockpiled a large amount of this digital currency in the future.