Bitcoin Hits Record High as It Regains Momentum

Dec 16, 2024
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Bitcoin rose to a record high as it regained its upward momentum following a period of consolidation.

The cryptocurrency rose to a high of $106,533 overnight, according to LSEG. Early Monday it was trading up 3.6% at $104,970.

Earlier this month, bitcoin briefly surpassed $100,000 for the first time before suffering a retracement and falling back below this key level.

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