Bitcoin breaks through the $80,000 barrier for the first time

  • International
  • 11 November 2024
1

The price of the cryptocurrency Bitcoin jumped 5%, surpassing the $80,000 level for the first time. It hit $80,166 as the leading cryptocurrency continued to break records.

The breach of the $80,000 level for the first time is driven by US President-elect Donald Trump's adoption of digital assets and the possibility that Congress will include pro-cryptocurrency lawmakers.

Trump pledged during his election campaign to put the United States at the heart of the digital asset industry, including creating a strategic stock of bitcoin and appointing pro-digital regulators.

Source (Al-Khaleej Emirati Newspaper, Edited)

Related News

Get an annual subscription in Al-Omran Al-Arabi Magazine

SUBSCRIBE NOW