Trump’s Win Drives Crypto Gain As Bitcoin Nears New Record Of $90,000

Benzinga

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.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Bitcoin surged above $89,000 Monday night, up 12%, and nearing a record $90,000.

00:08The rally was driven by positive sentiment following Trump's election win

00:12and anticipated support of crypto regulations.

00:15Analysts predict Bitcoin could reach $100,000 by year's end.

00:20Ether, XRP, and Polygon tokens also rose, and Dogecoin spiked 38%.

00:26Bitcoin's momentum appears strong,

00:28with little resistance expected before it approaches $100,000.

00:33The influence of Bitcoin as an institutional asset class

00:36is expected to be thoroughly explored at Benzinga's upcoming

00:39Future of Digital Assets event on November 19th.

00:42You can find out more on Benzinga.com.

Category

Transcript

Comments

Recommended