Bitcoin has recovered after a difficult weekend, where it saw its biggest two-day drop since the US election. After falling almost 3% on Saturday and Sunday, the cryptocurrency rose again to $90,237 on Monday afternoon in London. The market appears to be adjusting to changing views on how President-elect Donald Trump’s potential crypto policies could…
Bitcoin has reached a historic milestone, surpassing $100,000 for the first time. This rise was fueled by President-elect Donald Trump’s selection of Paul Atkins, a cryptocurrency advocate, to lead the U.S. Securities and Exchange Commission (SEC). The cryptocurrency hit a high of $103,801 on Thursday before settling at $103,420 by early afternoon in Singapore. Since…
Bitcoin rose to $126,000 on October 6, hitting a new all-time high, while gold followed two days later, topping $4,070 per ounce. The simultaneous rally in both assets underscores increased investor interest in alternatives as traditional markets face uncertainty. Gold is up about 52% this year, compared to Bitcoin’s 32% rise. While Bitcoin’s rise was…
Bitcoin has recently reached a significant milestone, rising to $ 95,000, its highest price in two months. This increase indicates a potential recovery for cryptocurrency after several weeks of stagnation. Here, we examine the main factors that contribute to this price increase and evaluate whether the impulse is likely to continue. 1. Return of capital…
