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The price of Bitcoin has surpassed C$100,000 for the first time, according to <a href="https://www.kraken.com/prices/bitcoin" rel="noopener noreferrer nofollow">data</a> provided by the Kraken exchange.
<a href="https://www.kraken.com/prices/bitcoin" rel="noopener noreferrer nofollow"><img src="https://u.today/sites/default/files/inline-images/32421432.png" data-entity-uuid="4ed0b8f3-c108-4637-b9dd-997871571c30" data-entity-type="file" alt="BTCUSD by Kraken"></a>The Canadian dollar recently gave up some ground against its US counterpart following a 50-basis point rate cut implemented by the Bank of Canada on Oct. 23. At press time, it is trading at 72 cents.
The cryptocurrency's previous lifetime peak of $98,462 was logged back in March.
Notably, It has also hit a new all-time high of €67,443. "The 350 million citizens of the Eurozone just experienced a new all-time high for Bitcoin," analyst Tuur Demeester said in a recent social media post.
The leading cryptocurrency is yet to reach a new all-time high in US dollars. Earlier today, it climbed to a new peak of $72,692 on the Bitstamp exchange. However, it is still 1.5% away from reaching a new all-time high.
Bitcoin hit its current peak of $73,737 due to exuberance surrounding the success of Bitcoin exchange-traded funds in early 2024. <a href="https://u.today/bitcoin-btc-price-hits-100000-in-canada" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Bitcoin (BTC) Price Hits $100,000 in Canada

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