Bitcoin sets a new record: $95,000 on Asian exchanges

Bitcoin sets a new record: $95,000 on Asian exchanges

Kyiv  •  UNN

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Bitcoin hit a historic high of $95,000 on Asian exchanges. The growth is attributed to expectations of liberalization of cryptocurrency regulation in the United States with the possible return of Trump.

Today, bitcoin has updated its historical record, reaching a price of more than $95,000 on Asian stock exchanges. This is reported by AFP, UNN reports.

Details

This new achievement is the result of a number of factors, including growing expectations that cryptocurrency regulation will be eased in the United States with Trump's return to the presidency.

The cryptocurrency market gained a new impetus after it became known that Donald Trump could help liberalize bitcoin legislation if he wins the next election. In particular, his promises to make the United States a global cryptocurrency hub have aroused considerable interest among investors. After Trump was elected president, the value of bitcoin rose by almost 40%.

Trump actively supported the idea of developing cryptocurrencies and blockchain technologies, and his populism in this market has become one of the reasons for the growing interest in bitcoin and other digital assets among investors around the world.

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