Menu

Bitcoin, world’s largest cryptocurrency, reaches a new record high

(CNN, KYMA/KECY) – Bitcoin has reached a new record high. The world’s largest cryptocurrency briefly touched $80,000 for the first time Sunday.

Bitcoin surged in the run-up to Tuesday’s election and surged once it became clear Donald Trump would win.

It has since continued to rise following the president-elect’s victory, which investors believe is a bullish sign for the crypto industry.

Trump has fully embraced crypto in recent months and said he wants it to be mined and minted in the U.S. He has also proposed to launch a strategic national bitcoin stockpile.

Trump’s embrace of crypto is in contrast to the Biden administration, which has sought to rein in crypto.

BE PART OF THE CONVERSATION

KYMA KECY is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Related Posts

Back To Top
the Ivy

The Ivy is our flagship newsletter delivered 3x per week (Mon, Wed, Fri) with a focus on investments that can stand the test of time. Investors who seek undervalued companies, passive income, or top-rated ETFs will find The Ivy to be the definitive financial newsletter.

the Burst

If you trade the markets seeking to find the next growth stock, The Burst was created for you. In this newsletter (delivered Tue/Thu), we spotlight companies that are changing the world as well as cryptocurrencies and blockchain projects disrupting the status quo.

the Spotlight

In our weekly Spotlight newsletter, we shine a light on “stand-out” companies that have high potential. You will also find an assortment of “big picture” topics covered, from economic insights to stock market outlook.

the Daily

We aggregate some of the best up to date investing stories and news from around the web and deliver it to you each day in The Daily.

Enter your email to join the tens of thousands of traders and investors already taking advantage of the complimentary Summa Money newsletters


© Summa Money 2024
Powered by WordPress • Themify WordPress Themes