November 27, 2024
Economy

Bitcoin resumes growth, reviving optimism about reaching the price of $100,000

Bitcoin climbed back to a record price level of $100,000, snapping its longest slide since Donald Trump’s presidential victory sparked a record rally for the biggest cryptocurrency.”, — write: epravda.com.ua

Bitcoin climbed back to a record price level of $100,000, snapping its longest slide since Donald Trump’s presidential victory sparked a record rally for the biggest cryptocurrency. This is reported by Bloomberg. On Wednesday, November 27, Bitcoin rose 4.7% to $95,934. In 2024, it more than doubled in price. Bitcoin is up about 40% after the US election as traders anticipate a more favorable regulatory environment for cryptocurrencies with the president saying he supports the industry. On Friday, November 22, the token reached an all-time high of $98,943, after which it has gone negative for the past four days. , as a failed launch at $100,000 cooled the speculative fervor fueled by the president-elect’s embrace of cryptocurrencies. The Bitcoin cryptocurrency rate continues its growth, crossing the threshold of $99,000.

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