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Bitcoin beats regulatory hurdles, hits $100K level
December 06, 2024
|The New Indian Express Vellore
DESPITE regulatory uncertainties around the globe, Bitcoin prices on Thursday breached the psychologically important level of $100,000, surging nearly 133% over the last one year.
The rise in cryptocurrency was hastened by the victory of Donald Trump in the US presidential election.
Bitcoin prices have risen by over 50% since the US presidential Election Day (5 November 2024) in anticipation that the Trump administration will ease regulatory hurdles and create a more favorable environment for digital assets. The market cap of Bitcoin is now a massive $2 trillion.
The rise in Bitcoin prices beyond the $100,000 mark is a testament to the resilience and adoption of Bitcoin, says Sumit Gupta, co-founder, CoinDCX.
هذه القصة من طبعة December 06, 2024 من The New Indian Express Vellore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Vellore
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