Bitcoin is practically printing money! It has more than doubled in a year.

Bitcoin is practically printing money! It has more than doubled in a year.

11.11.2024 09:20

The cryptocurrency Bitcoin continues its recent rise. According to the latest data, Bitcoin has reached a value approaching $82,000. After peaking at $81,899.22, Bitcoin has pulled back to $80,610, but it is still hovering at its highest values in history.

With the victory of Donald Trump, known for his pro-cryptocurrency stance, in the US elections, the rapid rise of Bitcoin continues.

The US elections have started to determine the fate of cryptocurrencies. After a long period of stagnation, the leading cryptocurrency Bitcoin, which has recovered its losses and reached the $60,000 threshold, began to surge with the election of Donald Trump as President of the United States. Entering a rally, Bitcoin has risen to the $82,000 mark.

CRYPTO SUPPORTERS HAVE A VOICE IN CONGRESS

In addition to Trump, the presence of other pro-cryptocurrency candidates in Congress is supporting the rally in Bitcoin prices.

This morning, the price of Bitcoin broke a record by exceeding $81,000, reaching $81,899.22. Since hitting the year's lowest level of $38,505 on January 23, Bitcoin has more than doubled in value.

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