As the year began its first full trading week, the price of bitcoin jumped again beyond $100,000. The flagship cryptocurrency, was last up 4% at $102,250.00.
About 2.5 percent was gained by the CoinDesk 20 index, which represents the larger crypto market. The last week was the best for Solana since November 22, and the most recent week for Bitcoin and Ether since December 6.
Marko Jurina, CEO of the cryptocurrency swaps platform Jumper.Exchange, “traders seem to be risk-on as we enter the new year, and we are in a bullish environment overall.”
Given that Trump’s win is scheduled to be confirmed today and since January is typically a bullish month with positive price movement in six of the last ten years, it is not surprising that markets are rising.
Source (CNBC)
