This year, the price of bitcoin has more than doubled as global economic uncertainties persist.
Since the election of Donald Trump in the United States, bitcoin has continued to reach new heights. The famous cryptocurrency thus reached a record level of more than 94,000 dollars during the night from Tuesday to Wednesday. This momentum is notably linked to discussions between the American president's social media company, Trump Media and Technology Groupwhich wants to buy the cryptocurrency exchange company Bakkt, backed by Intercontinental Exchange, owner of the New York Stock Exchange.
This year, the price of bitcoin has more than doubled, reaching $92,104 in Asia on Wednesday, after reaching a record $94,078 at the end of the previous session. The election of Donald Trump has reassured investors, who are now hoping for a less restrictive regulatory regime. Added to this are also the actions of traders, who took advantage of the first day of trading options on the Nasdaq on BlackRock's Bitcoin ETF on Tuesday.
The global cryptocurrency market continues to oscillate following the news but it now exceeds 3,000 billion dollars, a record level, according to the analysis and data aggregator CoinGecko. For Chris Weston, head of research at online broker Pepperstone, a “new upward surge [du bitcoin] should lead to a new hunt from those who like to buy what is strong..
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