Bitcoin Surges Past $100,000 as Trump Victory is Confirmed

Reported 1 day ago

Bitcoin has surpassed the $100,000 mark for the first time in two weeks, driven by optimism surrounding Donald Trump's impending certification as the winner of the US elections. The cryptocurrency rose by 2.8% to $101,18, buoyed by significant inflows into US Bitcoin exchange-traded funds and recovering investor demand. Analysts predict a supportive regulatory environment under Trump could spark a 'super cycle' for Bitcoin in 2025, despite some skepticism about the sustainability of this rally.

Source: YAHOO

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