Give me two! The value of Bitcoin exceeded $100,000 for the first time

By: Anton Kratiuk | 05.12.2024, 12:28
The evolution of the Bitcoin logo: from the beginning to the present day Bitcoin logo. Source: llvecoins

The rapid growth in the value of the cryptocurrency Bitcoin continues. Bitcoin breaks record: amid Trump's victory, cryptocurrency price tops $74.4k the presidential election, Bitcoin made a leap from $69k to $75k, and after that this trend only continued.

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Bitcoin reached an all-time high today: at the time of writing, its value is $102,867.

Bitcoin value chart
Bitcoin value chart. Google Finance

Of course, such growth is solely due to Trump's revision of his attitude to cryptocurrencies, which he declared at the stage of the election race. Having received the presidential post, he is actively lobbying for the development of the cryptocurrency market in the United States and it is already known that the Senate is drafting a bill that would oblige the Federal Reserve to sell some gold and finance the purchase of 1 million bitcoins for the government reserve.

Source: Google Finance