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HomeWorldBitcoin surpassed $90,000 for...
November 13, 2024

Bitcoin surpassed $90,000 for the first time on Trump-related optimism

By David
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    Bitcoin rose above 90 thousand dollars for the first time. USA per coin, peaking at more than 93 thousand rubles. dollars.

    .

    Growth that had previously been stalled is gaining momentum as traders assess the impact on the market of President-elect Donald Trump’s rhetorical support for cryptocurrencies, Bloomberg reports.

    Trump promised:

    • create a favorable regulatory framework for cryptocurrency;
    • create a strategic reserve of bitcoins;
    • make the US the industry’s global hub.

    A former crypto skeptic, Trump reversed course after digital asset companies spent heavily on the campaign trail to promote their interests, the agency said.

    Since Trump’s election victory on November 5, Bitcoin has risen by a total of more than 30%. But pressing questions remain about whether Trump and his Republican lawmakers will focus on other issues such as China policy and the U.S. economy first, which could push digital asset legislation down the priority ladder.

    While we can’t rule out further gains, there is a lot of good news already priced in,” says IG Australia Pty market analyst Tony Sycamore.

    Source: Bloomberg

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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