The evidence from multiple high-authority sources strongly supports the statement. Several sources directly or indirectly confirm that Bitcoin's price not only reached but exceeded $108,800. For instance, one CoinDesk article explicitly mentions the price at $108,222.79 while noting it had surpassed $111,000. Another CoinDesk source shows a price of $108,739.22, which is extremely close to the claimed value. Furthermore, sources from Coinbase, CoinGecko, and Investopedia report an all-time high well above $120,000. For the price to reach over $120,000, it must have passed through $108,800.The minor conflicting element is whether $108,800 was a 'peak.' Some sources indicate the ultimate peak was much higher. However, the statement uses the indefinite article 'a peak,' which can refer to a local maximum rather than the absolute all-time high. It is entirely plausible that Bitcoin hit a temporary or local peak at this value before continuing to a higher price. The overwhelming evidence confirms the price point was reached, making the overall statement highly likely to be true.