PANews reported on December 16 that, according to Bloomberg, the price of Bitcoin hit a new all-time high on Monday, breaking through $106,000, thanks to the support and friendly regulatory plan of President-elect Trump for digital assets. Since Trump's victory in November, Bitcoin ETFs have attracted $12.2 billion in inflows. At the same time, MicroStrategy will join the Nasdaq-100 index, which has also boosted market sentiment.
Bitcoin has achieved seven consecutive weeks of gains as of last Sunday, the longest record so far in 2021. However, the recent rally has slowed down, and IG Australia analyst Tony Sycamore said this may signal a risk of market correction.
