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Bitcoin crosses the $90,000 mark for the first time – 11/13/2024 at 5:32 p.m.

A representation of the cryptocurrency Bitcoin in front of a stock chart

Bitcoin surpassed the symbolic mark of $90,000 on Wednesday, its recent rally, reinforced by Donald Trump's victory in the American presidential election, appearing to show no sign of running out of steam.

Around 3:50 p.m. GMT, the largest cryptocurrency in the world was trading at $92,680, up around 5%, after reaching the unprecedented threshold of $92,785.

Since the American election on November 5, bitcoin has increased by 32%.

Ether, another cryptocurrency, has increased by 37% since Donald Trump's victory, while Dogecoin, an alternative token promoted by billionaire Elon Musk, boss of Tesla and future minister in the next Trump administration, increased by more than 150%.

Donald Trump promoted digital assets during his election campaign, promising to make the United States the “cryptocapital of the planet” and to accumulate a national stockpile of bitcoin.

(Written by Claude Chendjou, edited by Blandine Hénault)

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