12 November 2024

Bitcoin nears $90,000 as Trump’s pro-crypto stance increases record

By Redoy K

Bitcoin surged to $89,637 in Asian trading hours, marking a 25% increase since November 5, primarily driven by Donald Trump’s victory in the 2024 U.S. election. Trump’s vocal support for cryptocurrencies and promises to make the U.S. a global crypto hub have boosted investor confidence. Bitcoin has emerged as a top market performer post-election, alongside Tesla, whose shares have jumped nearly 40% under the new Trump administration.READ FULL