The growth of Bitcoin and other cryptocurrencies was stimulated by the victory of Donald Trump in the US presidential election.
The most popular cryptocurrency Bitcoin again updated its historical maximum and crossed the $90 thousand mark for the first time. This is confirmed by data from CoinDesk on Wednesday, November 13th.
At 17:40, the price of the cryptocurrency reached $92,023. It is up 6.33% today and 21% over the past five sessions.
Thus, Bitcoin has doubled its value from this year’s low of $38,505.
As you know, the growth of Bitcoin and other cryptocurrencies was stimulated by the victory of Donald Trump in the US presidential election. The Republican candidate has publicly expressed support for digital assets.
Against this background, market participants are increasing their bets that Bitcoin will reach a height of 100 thousand dollars this year.
And now it became known that the meme cryptocurrency Dogecoin grew by almost 20%. This was after Trump announced the creation of the Department of Government Effectiveness, which he called DOGE. It will be led by Tesla CEO Elon Musk and Strive Asset Management co-founder Vivek Ramaswamy.
Source: korrespondent
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