US President Donald Trump has recently signed an executive order to establish a strategic bitcoin reserve, using cryptocurrencies already owned by the US government.
Regulators have long warned that cryptocurrencies like bitcoin are high-risk assets, with limited uses in the real world. High volatility has been another barrier to wide adoption as a means of payment.
Bitcoin , the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.2 percent to $104,462
Donald Trump won the US election promising to make the country the "bitcoin and cryptocurrency capital of the world":
The digital unit has advanced more than 50 percent since the tycoon's poll win -- and around 134 percent since the turn of the year
Trump’s team has met with industry executives to discuss creating a White House job focused on cryptocurrency policy.
Bitcoin's value has soared to a record high of above $95,040, as excitement builds around a potentially supportive approach to cryptocurrencies under President-elect Donald Trump.
It was last at $92,104 in Asian hours on Wednesday, having touched a record high $94,078 just toward the end of the previous session.
Trump's impending presidency has spurred an enthusiastic market response, with bitcoin surging more than 25 percent in a week and breaking through the $90,000 mark for the first time
Bitcoin, the world’s largest cryptocurrency, is on the verge of hitting $90,000, as investor optimism intensifies in the wake of Donald Trump’s U.S. election 2024 victory.
Bitcoin climbed to an all-time high as Donald Trump's victory in the US presidential election along with pro-crypto candidates being voted to Congress spurred expectations of a light-handed regulatory environment.
Bitcoin surged to a record high of $81,464 on Monday after the US presidential election results, in which Donald Trump secured victory, boosted expectations of a crypto-friendly regulatory environment, according to a recent report by Reuters.
Trump Trade went into overdrive Wednesday as it emerged that the tycoon would return to the White House after beating Democrat Kamala Harris
Bitcoin climbed to a record high in Asian markets as investors showed confidence in Donald Trump's victory in the US presidential race.
The dollar surged and bitcoin hit a record high Wednesday while equity markets advanced as traders bet on a victory for Donald Trump as early results for the US presidential election rolled in
SWIFT, the global bank messaging network, is set to trial live transactions involving tokenised assets and digital currencies next year, according to a recent report by Reuters.
The value of Bitcoin briefly reached a record high of $70,000 on March 8, 2024. This price rise is being attributed towards Bitcon's recent surge in popularity, as the cryptocurrency has been the subject of much attention from the international investment community.
Bitcoin touched a record high on Tuesday, fuelled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall
Bitcoin has surged past the $60,000 mark for the first time since 2021, igniting a fervent trading frenzy in regions where crypto trading are currently being regulated. The rally saw Bitcoin's value soar by as much as 12.6% to reach $63,968 on Wednesday, before slightly retracting to the $60,000 region. This surge has elevated the cryptocurrency's gains to an 42% in the first two months of the year alone.
