The bitcoin exchange rate reached another historical high the day before, exceeding $106 thousand. As of 9:42 a.m. on Monday, bitcoin rose by 1.9% to $105.11 thousand, according to Coindesk. On Sunday, the cryptocurrency rose to $106,491 thousand. Bitcoin’s growth has been going on for seven weeks in a row, the highest since 2021. The rate is supported by expectations of a favorable cryptocurrency policy under the Donald Trump administration. According to FactSet, since his election as US president, bitcoin ETFs have raised $9.3 billion. The next key level for this cryptocurrency is $110 thousand, MarketWatch reports.
