The growth of the Bitcoin cryptocurrency rate is happening against the backdrop of Donald Trump’s victory in the US election.
Bitcoin price continues to set new records after Donald Trump won the US presidential election. The value of the cryptocurrency exceeded 89 thousand dollars. Bloomberg reported this on Tuesday, November 12.
The largest token has risen about 32% since the US presidential election, hitting an all-time high of $89,599 on Tuesday.
The rate is rising against the backdrop of Trump’s election victory. The politician promised to create more favorable rules for cryptocurrency, accumulate a strategic reserve of Bitcoin and make the United States the “crypto capital of the planet.”
The Deribit exchange predicts that the price of Bitcoin will exceed $100,000 by the end of 2024.
The total value of digital assets has increased to approximately $3.1 trillion.
Let us remind you that the day before the value of Bitcoin exceeded 81 thousand dollars, and then 84 thousand.
New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.