Bitcoin hits new $85k high, with just 17% left for BTC $100k record

Bitcoin price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph.

Bitcoin surpassed the record $85,000 mark for the first time in history, potentially setting the stage for a six-figure price tag before 2025.

Bitcoin’s (BTC) price breached a new all-time high of $85,000 at 18:41 pm in UTC, Cointelegraph data shows.

BTC/USD, 1-week chart. Source: Cointelegraph

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