Bitcoin (BTC-USD) Price Prediction: Will It Hit $100,000 by Christmas?

Following the winner of the US presidential election last week, the crypto world braced for impact.

After the winner of the US presidential election became clear last week, the crypto world braced itself.

Bitcoin’s value (BTC-USD), in particular, has soared to record highs over the past few days.

At one point on Monday morning the token hit $81,000 (£63,416) and analysts are now speculating about how much further the token could surge.

Some suggest it could reach $100,000 by January, with others saying it could happen as soon as Christmas.

During the election campaign, Donald Trump spoke about cryptocurrencies on several occasions, albeit with varying results. He has also vowed to make the US the “crypto capital of the planet".

Read more:

Stocks to watch as Donald Trump wins the US election

What London Stock Exchange debut of Bitcoin ETNs mean for Europe's crypto market

What is bitcoin halving and how will it impact its price?

Download the Yahoo Finance app, available for Apple and Android.

The above is the detailed content of Bitcoin (BTC-USD) Price Prediction: Will It Hit $100,000 by Christmas?. For more information, please follow other related articles on the PHP Chinese website!