Bitcoin crosses all-time high of $107,000 — what do experts say are the reasons?

The Donald Trump wave has kept Bitcoin soaring for another week after it notched a seven-week winning streak on December 15 — its longest such run since 2021, according to a Bloomberg report.

The world’s biggest cryptocurrency lifted by over 4.8 per cent late on December 16 to reach an impressive new all-time record high of $107,791, the report said.