Bitcoin’s (BTC), price is going through the roof.
BTC is up from $76,000 to $79373.
Following Donald Trump’s victory against Kamalah Harris, the leading crypto-asset has rallied strongly.
Trump calls himself the pro Bitcoin and crypto candidate. He says he’ll support this $2.6 trillion market and establish a Bitcoin strategic reserve.
BTC’s price was about $68,000 in the days leading up to the announcement of the elections.
Bitcoin ETFs also saw a major increase in value during Trump’s rise to power.
Bloomberg reports that despite its launch in early 2018, BlackRock’s spot Bitcoin exchange-traded funds is bigger than the gold fund. The fund now has a total value of $34.3 billion, surpassing even Goldfund.
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The ICD first published this post Bitcoin Price Exceeds $79,000 In Abrupt Weekend Meltup.
