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Virtual currency: Bitcoin aims for $100,000

22/11/2024
Source : ORISHAS FINANCE
Categories: Economy/Forex

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As part of a spectacular rally for cryptocurrency triggered by expectations of a more favorable regulatory environment under Donald Trump's administration, bitcoin hit a new record high on Friday, with the aim of reaching the $100,000 mark.

The cryptocurrency was up just over 1% on the day, to $99,380, and is on track for its best monthly performance since February. Its value has more than doubled this year and has increased by around 45% in the two weeks following Mr. Trump's sweeping election victory. This rise has made bitcoin one of the main winners of the “Trump transactions.”

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