It exceeded 106 thousand dollars.. The price of Bitcoin rises to a new record level
While the market witnessed mixed performance, in light of renewed hopes that the United States is building a strategic reserve of Bitcoin.
The US President-elect pointed out the need for the United States to have a strategic stock of cryptocurrencies, just as it maintains a strategic stock of crude oil.
Cryptocurrency market
At the same time, the total size of the cryptocurrency market in the world today increased by about 1% to $3.66 trillion.
The price of Bitcoin declined in trading yesterday evening by 1.2%, to record about $104.097 thousand, which is approximately 2% less than the highest level of the cryptocurrency.
The price of Bitcoin rose last week by 5%, while it rose during the past 30 days by 14.6%, and by more than 146% since the beginning of this year.
During the past 24 hours, Bitcoin was traded between $106.488 thousand and $102.57 thousand per unit.
Cash fund flows
Farside Investors data indicated that $429 million flowed into Bitcoin exchange-traded funds in the United States last Friday.
These funds recorded cash flows of $598 million on Thursday.
Ethereum price rise
At the same time, the price of the smaller cryptocurrency Ethereum rose by about 0.5% over the past 24 hours to $3,905.91 per unit, which is 20% less than its highest level ever.
The price of the currency rose by 0.5% within a week, and by approximately 71% since the beginning of this year.
During the past 24 hours, Ethereum traded between $4020.67 and $3846.47 per unit.
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