Bitcoin surged to a record high above $90,000 on Wednesday, November 13, driven by optimism surrounding president-elect Donald Trump's pledge to ease regulations on digital tokens. The world’s largest cryptocurrency briefly touched an all-time peak of $91,000 before stabilizing at $90,670.
The cryptocurrency has seen a remarkable rally since Trump’s victory in the U.S. presidential election last week, repeatedly breaking its previous record highs. During his campaign, Trump stated his intention to make the United States the “bitcoin and cryptocurrency capital of the world,” sparking investor enthusiasm.
The cryptocurrency has seen a remarkable rally since Trump’s victory in the U.S. presidential election last week, repeatedly breaking its previous record highs. During his campaign, Trump stated his intention to make the United States the “bitcoin and cryptocurrency capital of the world,” sparking investor enthusiasm.