Home Breaking News Bitcoin has surpassed the $98,000 mark – EADaily, November 21, 2024 –...

Bitcoin has surpassed the $98,000 mark – EADaily, November 21, 2024 – Economic news, Russian news

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Bitcoin has surpassed the ,000 mark – EADaily, November 21, 2024 – Economic news, Russian news

At 14:03 Moscow time, Bitcoin increased by 5.23% to $98,021 thousand, as evidenced by data from the Binance platform. At 14:19 Moscow time, Bitcoin accelerated its growth and stood at the level of $98,139 thousand (+5.49%). This is an all-time high for this cryptocurrency.

According to experts, Bitcoin could easily reach the $100,000 mark in the coming days and continue to grow, up to $300,000 in the current growth phase. At the same time, technical corrections are not excluded, which, in the absence of serious negative factors, will pay off.

The rise in cryptocurrency prices is due to several factors. Promises matter donald trumpincluding ambitious plans to transform the United States into a global cryptocurrency hub and a significant overhaul of the SEC’s current regulatory policies. He also promised to create reserves from bitcoins.

The increased investor attention to cryptocurrencies is also due to the fact that during periods of geopolitical crises, Bitcoin and stablecoins are often seen as a potential “defensive” asset. Investors often look for ways to diversify and protect themselves from volatility in traditional markets. At the same time, the cryptocurrency correction is inevitable.

Bitcoin is a decentralized system of the cryptocurrency of the same name based on blockchain technology, which can be “mined” (issued) by any user who participates in the system. To do this, you need to create new system blocks. The concept was published in November 2008 by its author (possibly a team of authors) under the pseudonym Satoshi Nakamoto. Bitcoin’s popularity peaked only in recent years. The supply of Bitcoin is naturally limited at present, most Bitcoins have already been “mined”.

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