by Business Insider February 3, 2017 Future Society
Jonathan Garber
In Brief
Recent political uncertainty has allowed for the price of Bitcoin to dramatically rise. The cryptocurrency's winning streak has now reached seven straight sessions.

Yesterday, Bitcoin was back above $1,000 for the first time since January 5. The cryptocurrency was higher by 1.5% at $1,000.10 a coin as of 11:39 a.m. ET. And by today, has risen even more to nearly $1,025.07.

It’s been a wild year for bitcoin. It began 2017 with a 20% rally during the first five days of the year before crashing 35% on concerns of a crackdown on trading in China.

Thursday’s gains have extended bitcoin’s winning streak to a sixth straight session as trade appears to be benefitting from uncertainty surrounding Donald Trump’s presidency. The cryptocurrency has gained nearly 10% since Trump was inaugurated on January 20.

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