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MOSCOW (Sputnik) – The price of bitcoin has reached a new record high, exceeding $106,000, according to trading data.
On Binance, the largest cryptocurrency exchange by trading volume, bitcoin was trading up 5% at $106,362, as of 00:42 GMT.
According to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, the price of bitcoin grew by 4.34% to $105,808.
Bitcoin began to rise in price on news of Donald Trump’s victory in the US presidential election in early November.
It has gone up more than 52% from about $67,000 to over $106,000 since November 5.
