Bitcoin climbs closer to $100,000
The bitcoin price topped $98,000 for the first time during European trading and was last up around 2.4% at $96,779.
Bitcoin has more than doubled in value this year and is up about 40% in the two weeks since Trump was voted in as the next US president and a slew of pro-crypto lawmakers were elected to Congress.
Over 16 years after its creation, bitcoin appears on the cusp of mainstream acceptance.
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The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»«Everyone who's bought bitcoin at any point in history is currently in profit,» Alicia Kao, managing director of crypto exchange KuCoin, said.
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