Bitcoin Nears $90K After Trump’s Election Win Sparks Crypto Rally 🚀

Bitcoin jumps 12%, approaching a new all-time high of $90,000 amid optimism following Trump's election victory, fueling a major crypto surge.

Benzinga520 views0:50

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Bitcoin surged above $89,000 Monday night, up 12% and nearing a record $90,000. The rally was driven by positive sentiment following Trump’s election win and anticipated supportive crypto regulations. Analysts predict Bitcoin could reach $100,000 by year’s end. Ether, XRP, and Polygon tokens rose, and Dogecoin spiked 38%. Bitcoin’s momentum appears strong, with little resistance expected before it approaches $100,000. The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19. Find out more on benzinga.com.

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Nov 12, 2024

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