Bitcoin has been on a ferocious climb that has brought it within touching distance of the crucial psychological milestone, but it is now trading stubbornly below the $100,000 barrier.
After Donald Trump was re-elected as president of the United States on November 5, the largest cryptocurrency in the world has increased by more than 40%.
Despite the fact that Trump won’t be sworn in until January 20, 2025, his pro-crypto remarks have continued to stir up enthusiasm.
Last Thursday, the price of Bitcoin surpassed $99,000 for the first time, setting a new milestone. But prices have since levelled off, and as of early Monday.
Source (CNBC)
