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Bitcoin breaks $81,000 as Trump’s election turbocharges cryptocurrencies
Bitcoin soared to a record high above $81,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as US president and pro-crypto candidates to Congress. The world’s biggest and best-known cryptocurrency, has now more than doubled from the year’s low of $38,505 and was last at $81,572 having earlier touched a record high of $81,899. Trump embraced digital assets during his campaign, promising to make the United States the “crypto capital of the planet” and to accumulate a national stockpile of bitcoin. Other so-called ‘Trump ... (full story)
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- Posted: Nov 11, 2024 1:57am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 136
