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Bitcoin price tops $100,000 for first time as Trump win fuels crypto fever

www.theguardian.com 05-12-2024 03:03 1 Minutes reading

Largest cryptocurrency, prone to volatile market surges, lifts amid hopes of lighter regulation with Trump’s return

Bitcoin has crossed $100,000 for the first time, scaling a fresh record high amid a euphoric rally sparked by Donald Trump’s election victory.

The world’s largest and most valuable cryptocurrency – prone to volatile market surges and routs – has been lifted in recent weeks by hopes that the president-elect’s return to the White House will usher in a new era of lighter regulation and supportive policies.

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