Synopsis
Bitcoin reached a new all-time high, approaching $100,000, fueled by optimism surrounding a potentially favorable regulatory landscape under the Trump administration. The cryptocurrency has experienced a remarkable surge, more than doubling in value this year and soaring approximately 45% since Trump’s election victory. This surge is attributed to expectations of crypto-friendly policies and the election of pro-cryptocurrency lawmakers.
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
It has more than doubled in value this year and is up about 45% in the two weeks since Trump’s sweeping election victory, which has also seen a slew of pro-crypto lawmakers being elected to Congress.
The crypto currency was last up just over 1% on the day at $99,380, and is on track for its best monthly performance since February.
Crypto TrackerTOP COIN SETSCrypto Blue Chip – 512.60% BuyNFT & Metaverse Tracker9.91% BuyWeb3 Tracker7.89% BuyBTC 50 :: ETH 506.99% BuyAI Tracker6.26% BuyTOP COINS (₹) BNB54,290 (1.17%)BuyTether85 (0.18%)BuyBitcoin8,351,308 (0.0%)BuyEthereum282,238 (-0.55%)BuySolana21,594 (-2.78%)Buy Its surge has made bitcoin one of the stand out winners of so-called “Trump trades” – assets that are seen as winning or losing from Trump’s policies.
Assembly Election Results Live Updates
Maharashtra Poll Results Highlights 2024
Jharkhand Poll Results Highlights 2024