The leading cryptocurrency Bitcoin is maintaining the $100,000 mark and is nearing an all-time high.
According to cryptocurrency exchange Coinbase, as of 11:50 a.m. Eastern Time on the 15th (8:50 a.m. Pacific Time), the price of one Bitcoin is trading at $103,047 (147.99 million won), which is a 1.34% increase from 24 hours ago. Since surpassing $100,000 on the 13th, it has maintained the $100,000 range for three consecutive days.
The price of Bitcoin is currently showing a slight upward trend, nearing its all-time high of $104,000 based on Coinbase. The second-largest cryptocurrency by market capitalization, Ethereum, is trading at $3,882, an increase of 0.52%.
Bitcoin is expected to continue its price rise ahead of Christmas. According to cryptocurrency specialist CoinGecko, over the past ten years, Bitcoin has risen seven times in the week before Christmas, and the week following Christmas has seen increases and decreases each five times. During this period, the average increase rate of Bitcoin was recorded at 1.3%. This is referred to as the "Santa Rally."
Additionally, the upcoming inauguration of President-elect Donald Trump, which is just over a month away, is reportedly reflecting expectations for new pro-cryptocurrency policies that have helped push Bitcoin up to the $100,000 mark.
Additionally, Ripple showed a rise of 0.65%, trading at $2.42. Solana declined by 0.05% to $221, while Dogecoin rose by 1.92% to $0.40.