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Bitcoin hits $100,000 for the first time ever

Banking And Finance,Bitcoin

From the Right

Bitcoin prices topped $100,000 for the first time ever on Wednesday evening and continued rising on Thursday, as the cryptocurrency continued its record-setting run in the wake of President-elect Trump's election victory and more buzz that the incoming administration will have a crypto czar. 

The price of bitcoin rose from $69,121 the day before Election Day to what was then an all-time high of $74,445 on Nov. 6, the day after the election.

From there, bitcoin's surge has continued, and it broke the $80,000 mark for the first time on Nov. 10 and then eclipsed the $88,000 threshold for the first time the following day. By Nov. 13, bitcoin was trading above $92,800 before a slight decline.

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