Bitcoin surged to an all-time high above $89,000 on Monday, driven by optimism surrounding a potentially more favorable regulatory environment under the pro-crypto stance of U.S. President-elect Donald Trump. Traders and investors showed enthusiasm for digital assets following Trump’s victory, leading to increased confidence in the future of cryptocurrencies amidst the changing political landscape.
Full Article
Will the bitcoin price hit $100,000?
Bitcoin prices have surged, gaining 172% in the past year and 45% in the last month, potentially reaching $100,000 soon. The rise is attributed to Donald Trump's re-election, ETF launches, and the Bitcoin halving event increasing institutional interest. There is speculation on whether the US will start buying Bitcoin, but concerns remain about its volatility and downside risks. Full Article
Read more