Michael Saylor compared bitcoin to New York City and its economy on Monday as the cryptocurrency rose to new records.

Peter Schiff, the relentless gold maximalist and Bitcoin hater, has set his sights on Michael Saylor and his company MicroStrategy, accusing them of manipulating BTC price. The sharp allegations followed Bitcoin’s meteoric rise to an all-time high of $106,

Michael Saylor, the chief architect behind MicroStrategy’s Bitcoin investment strategy, recently suggested that the company has made another Bitcoin purchase—potentially its first at an average price exceeding $100,

Key Takeaways Bitcoin hit a new all-time high of more than $107,000 Monday, after rising above $106,000 for the first-time a day prior.MicroStrategy announced yet another purchase of $1.5 billion worth of bitcoin last week.

MicroStrategy Inc., the dot-com-era software maker turned leveraged Bitcoin proxy, bought an additional $1.5 billion of the cryptocurrency through the sale of stock.

Trump said on Friday the US would do "something great with crypto," fueling fresh excitement about the prospect for a national bitcoin reserve.

Bitcoin continued its post-election rally Sunday, hitting a new record high above $106,000, days after President-elect Donald Trump again suggested the creation of a national strategic reserve of the cryptocurrency.

The world's largest cryptocurrency briefly passed $106,000 (£83,890) and was trading at more than $105,000 in Asia trade on Monday morning. The incoming Trump administration is s