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Cryptocurrency: Bitcoin reaches an all-time high

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

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Bitcoin hit an all-time high of over $81,000 on Monday. The victory of Donald Trump in the American presidential election and the election of pro-crypto candidates to Congress raised hopes for a more flexible regulatory environment

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Bitcoin, the world's largest and most well-known cryptocurrency, has more than doubled from its lowest level of the year, $38,505, hit on January 23. After reaching a record high of $81,464 earlier in the session, it was at $80,829 during Asian hours. The cryptocurrency sector has spent over $119 million supporting pro-crypto candidates for the US Congress in the hope of passing cryptocome-friendly legislation to promote digital assets

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