“This strategic appointment has electrified the crypto community, reinforcing investor optimism about a more accommodating regulatory landscape. and more generally “a lenient approach (regulators) towards the booming digital asset market“, a observé Stephen Innes, de SPI Asset Management.
Bitcoin continues its surge since the re-election of Donald Trump: what to expect, all the way to Belgium
More broadly, this surge in bitcoin is not an isolated case. Other cryptocurrencies are experiencing crazy increases, as Le Figaro explains. ““Altcoins” (i.e. alternative currencies) have seen their value rise much crazier. We analyzed market developments over one month, between November 5, before the opening of polling stations in the United States, and this Thursday, December 5. The price of 14 of the 30 most valuable cryptocurrencies rose by more than 100%. And three of them show more than 300% increase“, lit.
Faced with these crazy figures, one might wonder if now is the time to invest in cryptocurrencies. Unfortunately, when we reach records, it is those who invested a long time ago who benefit. Remember that bitcoin was only worth one dollar on February 9, 2011. We’ll let you calculate the value of this investment today. But it’s not necessarily too late. If cryptocurrencies remain very volatile, they could rise further. You can also invest in cryptocurrency shares. It is therefore not obligatory to have $100,000 (the value on the markets had fallen to $96,793 at the end of Thursday afternoon, Editor’s note) to invest.
