11-11-2024 17:01 via slashdot.org

Bitcoin Sets Another Record as Bullish Bets Continue

Cryptocurrency backers continue to bid up Bitcoin prices, pushing the digital token to a new high of about $84,000 on Monday. The New York Times: The cryptocurrency has surged since Election Day, on investor hopes that President-elect Donald J. Trump and his appointees would be friendlier to the industry after the Biden administration's aggressive enforcement of securities law that targeted several crypto companies.
Cryptocurrencies have become a major component of the so-called Trump trade. Bit
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