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Bitcoin powers above $105,000 for the first time

(Reuters) – Bitcoin surged more than 3% to a record high above $105,000 in early Asian trade on Monday, extending gains made since Republican Donald Trump, who has promised to champion cryptocurrencies, was elected U.S. president in November

Bitcoin hit a high of $105,142 and last traded up 3.3% at $104,760.

(Reporting by Kevin Buckland in Tokyo and Lincoln Feast in Sydney; Editing by Lisa Shumaker)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

source: https://theprint.in/tech/bitcoin-powers-above-105000-for-the-first-time/2404781/

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