Bitcoin reached new highs this weekend, surpassing $80,000 on Sunday for the first time in its history, encouraged by the prospect of regulatory easing favorable to digital currencies which could be put in place with the return of Donald Trump at the White House.
The first digital currency by capitalization continued to progress, trading for $81,395 around 2 a.m. GMT (3 a.m. in Switzerland). Bitcoin, which is quoted continuously, including on Sundays, reached the $75,000 mark on Thursday, surpassing its previous record from last March.
Its price has soared since the results of the American presidential election in unison with the dollar.
Bitcoin could soon reach the $100,000 mark
Donald Trump in fact committed during his electoral campaign to making the United States “the world capital of bitcoin and cryptocurrencies”. By posing as the champion of cryptocurrencies, the ex-businessman took the opposite view of the Biden government, considered to be in favor of strict regulation of a controversial sector, which largely escapes the control of institutions.
“There will be significant investments and the United States will have a strategic reserve of bitcoins,” Charles Morris, analyst at ByteTree, told AFP. According to him, “countries skeptical of cryptocurrencies, such as the United Kingdom where bitcoin-backed ETFs are still banned, will think again.”
Same tone for Stéphane Ifrah, analyst at Coinhouse, for whom the American election will help give new impetus to bitcoin. What’s next? Other records, says Stéphane Ifrah, for whom the rise in prices will be confirmed in the coming days or even weeks. “The next level for me is $100,000,” he says.
This trend is not just about Bitcoin. Memecoins, for example, highly volatile parodic digital currencies, are also experiencing a boost, like dogecoin promoted by billionaire Elon Musk, a fervent supporter of Donald Trump.
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