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Bitcoin continues to rise to exceeding $93K

[14/11/2024 12:16]

WASHINGTON-SABA
The Bitcoin cryptocurrency continued to rise to reach a price tag of more than $93K per unit for the first time ever.

According to Bloomberg News, the cryptocurrency rose by more than 35 percent following Trump's election on October 5, bringing Bitcoin to $93,462 per unit, before losing part of its gains afterwards, making the fulfillment of the fantasy prediction of the price of $100,000 within reach.

The price of Bitcoin has risen by more than 110 percent since the beginning of this year, supported by strong demand for cryptocurrencies since the United States allowed the launch of exchange-tradable cryptocurrency funds.