Will bitcoin hit $100,000 before Christmas?
In This Article:
Yahoo Finance UK's poll of the week lets you vote and indicate your strength of feeling on one of the week's hot topics. Each week, we'll publish and analyse the results, giving readers the chance to see how polarising a topic has become and if their view chimes with other Yahoo Finance UK readers.
When Donald Trump was announced the winner of the US presidential election last week, the crypto world braced for impact.
A Trump victory was always likely to boost bitcoin (BTC-USD), in particular, and over the past few days it has soared to record highs.
At time of writing on Monday, the token had hit $81,000 (￡63,416) and analysts are speculating about how much further the token could surge. Some suggest it could reach $100,000 by January, with others saying it could happen as soon as Christmas.
The president-elect is known to be a fan of the sector, having launched his own platform, with varying results. He has also vowed to make the US the “crypto capital of the planet".
All signs point to bitcoin surging higher still, but what do you think? Is it likely to hit $100,000 or is that figure simply out of reach? Click the image below to vote in our poll of the week and have your say.
Read more:
Download the Yahoo Finance app, available for Apple and Android.