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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Tops $106,000 For The First Time – What's Next For World's Top Crypto?

Bitcoin passed $106,000 for the first time Sunday night. (Credit: AFP)

KEY POINTS

  • Bitcoin traded at $106,352 at one point Sunday night on CoinGecko
  • A Texas lawmaker introduced a bill to establish a state strategic $BTC reserve
  • An industry expert expects more institutional action, potentially fueled by high-profile endorsements

Bitcoin passed $106,000 for the first time Sunday night amid high hopes for the U.S. to adopt a national strategic Bitcoin reserve and a festive atmosphere within the cryptocurrency community.

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