Bitcoin has reached a new all-time high above $107,000 after the world's largest corporate holder of BTC purchased another $1.5 billion worth of the asset. The price briefly dipped but recovered due to positive comments from U.S. president-elect Donald Trump. MicroStrategy's acquisition of 15,350 BTC also contributed to the spike, with the shares of the company rising as well. Veteran trader Peter Brandt highlighted the Bitcoin-to-gold ratio reaching a new ATH of 39, suggesting continued strength against the precious metal. The market for spot Bitcoin exchange-traded funds has also seen net inflows for five consecutive days, driven by bullish sentiment and increased regulatory clarity. The next target for BTC is $110,000.



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