On the 6th (local time), cryptocurrency Bitcoin reclaimed $100,000 again, coinciding with the joint session of Congress to confirm the election of former U.S. President Donald Trump.

The price of virtual assets, including Bitcoin, is displayed on the electronic board at the Bithumb Lounge in Seocho-gu, Seoul. /Courtesy of News1

According to U.S. cryptocurrency exchange CoinMetrics, Bitcoin was trading at $102,499 as of 11:29 a.m. local time.

Bitcoin, which traded at $98,293 the previous day, opened at $98,250 before rising just shy of $103,000. Foreign media reported that this is the first time Bitcoin has reclaimed the $100,000 threshold since mid-last month.

A cryptocurrency market insider told CNBC, "Overall, the cryptocurrency is in a bullish environment, and it seems investors are willing to take risks as they welcome the new year," adding, "Today, Trump's election will be certified, and January is often a bullish month. The price has moved positively in 6 out of the last 10 years, so it's natural for the market to rise."