While bitcoin BTCUSD evangelist Michael Saylor’s claim may not be strictly true, the inexorable rise of the cryptocurrency continues and the milestones keep coming. Bitcoin hit an all-time high of $111,

Bitcoin surpassed $110,000 for the first time to head toward another record high, with traders increasingly bullish on the prospects of the original cryptocurrency.

Bitcoin’s value broke the $100,000 mark for the first time in early December and moved even higher later in the month before pricing eased a bit. The digital token ended 2024 up over 100% for the year, with about half that gain realized after President Donald Trump‘s election victory in early November.