Bitcoin Retakes $100,000 With Global Risk Rally Resuming
- The cryptocurrency’s record rally had wavered by late 2024
- MicroStrategy announces another $101 million in purchases
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Bitcoin pushed above $100,000 for the first time in two weeks as a rally in stocks at the start of the first full trading week in 2025 bolstered demand for riskier assets.
The original cryptocurrency rose as much as 4.1% to $102,504 on Monday. As of Sunday it had posted a weekly gain of 5.66%, its largest since Nov. 24, according to data compiled by Bloomberg.