The largest cryptocurrency in the world became one of the most moving currencies in the week since the elections, touching $89,982, an increase of about 30 percent since November 5.
In the latest trading, it fell 1.4 percent to $86,730.
The company’s shares also rose Tesla Elon Musk’s company, which has risen by about 40 percent since the voting results appeared, as investors expect friends Trump They will benefit while he is in office.
Trump announced his acceptance of digital assets during his campaign, and pledged to make… US “The cryptocurrency capital on the planet” and with a national stock of Bitcoin.
It is not yet clear how or when this might happen, but the possibility has prompted a surge in speculation in cryptocurrency mining and trading stocks.
Cryptocurrency mining company Riot Platforms jumped 17 percent on Wall Street yesterday, Monday. Mara Hollings and Clean Spark shares jumped 30 percent.
The software company MicroStrategy, which invests in Bitcoin, announced spending $2 billion to buy Bitcoin between October 31 and November 10.
The company’s shares rose 26 percent yesterday, Monday.
The gains extended to lower cryptocurrencies such as Ethereum and Dogecoin, despite their decline on Tuesday in Europe.
Cryptocurrency investors expect the end of the increased scrutiny overseen by Gary Gensler, head of the US Securities and Exchange Commission, whom Trump said he would replace.
Trump also unveiled a new cryptocurrency company, World Liberty Financial, in September.
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