Bitcoin reached an all-time high, exceeding $86,000, marking a 20% increase since November 6. The rally is supported by expectations that the Trump administration will implement crypto-friendly regulations. Speculators are hopeful for the creation of a backup crypto fund. At the same time, investors betting on Bitcoin’s decline through ETFs lost $37 million. Trump has promised to make the U.S. the "crypto capital" and proposed reforms, including the dismissal of SEC Chairman Gary Gensler.
11/12/2024 2:11:29 PM (GMT+1)
Bitcoin reached an all-time high of $86,000, increasing by 20% since November 6 after Trump’s victory, with optimism for crypto-friendly regulations 🚀
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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