Bitcoin Rises to More Than $96K for the First Time

  • International
  • 21 November 2024
1

Bitcoin rose to all-time highs on Thursday, surpassing $96,000, according to CoinMarketCap data. The price of the currency reached $ 96.63 thousand, while its market value reached $ 1.91 trillion, after rising by about 7.6% in the last 7 days.

The currency had touched $97,000 earlier before paring gains. The currency's rises to levels recorded for the first time ever, supported by Donald Trump's victory in the US presidential election, and the entry of pro-cryptocurrency lawmakers into Congress, amid growing expectations that it will reach levels of $ 100,000 before Trump's inauguration on January 20.

Source (Al-Arabiya.net Website, Edited)

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