CoinDesk

The bitcoin continued its post-election rally by setting a new record high above $106,000, days after President-elect Donald Trump again proposed creating a national strategic reserve of cryptocurrency.

Bitcoin soared as high as $106,491 on Sunday, according to CoinDesk data.

The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt Gox, one of the world's earliest, biggest and most widely publicized alleged bitcoin heists.

It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.

Currently, there are more than a thousand cryptocurrencies out there, but none as popular as Bitcoin. It's taken the world by storm, causing more and more investors to jump in on the action daily. Some have been tracking the digital currency since it made news about a decade ago. They had to rely on their knowledge of fintech systems in order to navigate the volatile world of Bitcoin.

Bitcoin grew by 2.73% and in its peak reached $38,100, CoinDesk announced on Thursday.

Thus, the price of the cryptocurrency has updated its historical maximum.

Bitcoin has risen above $12,900 for the first time since Jan. 21, 2018, touching a new high for 2019 at $12,919, according to CoinDesk's BPI data.

According to the CoinMarketCap portal, which calculates the average price of more than 20 exchanges, to 7.21 am Bulgarian time, the price of bitcoin jumped 9.55% to 12.246 dollars.

LONDON (Reuters) - Bitcoin, the world's best-known cryptocurrency, shot past $8,000 on Tuesday for the first time in two months on signs of growing institutional interest in virtual coins.

Bitcoin, the world's best-known cryptocurrency, extended losses on Monday to slumped 10 percent on the day on back of concerns about a widening regulatory crackdown, according to Reuters. 

The price of Bitcoin on the Luxembourg-based Bitstamp exchange was trading at $7,289 and has now fallen by more than half from a peak of almost $20,000 hit in December.

The price of bitcoin fell to less than $12,000 on Friday, according to CoinDesk.com. That makes an 27-percent drop since its previous slide, and more than 40 percent since it reached the historic $20,000 mark last week.

The Bulgarian government holds bitcoin for more than $ 3 billion. They were confiscated after police actions against an organized criminal group. This is reported by Coindesk.com, one of the leading journals devoted to the cryptocurrencies.