Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

economictimes.indiatimes.com:

Now, bitcoin is at the doorstep of $100,000 and investors do not appear to be phased by gravity or any cautionary tales of the cryptocurrencies history of volatility.

Cryptocurrencies and related investments like crypto exchange traded funds have rallied because the incoming Trump administration is expected to be more «crypto-friendly» than the outgoing Biden administration.

As of 8:30 a.m. ET, bitcoin traded at $97,466 after rising as high as $98,349 according to CoinDesk.

Did you Know?

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.

Yet cryptocurrency markets remain a wild place and what comes next is impossible to know. And while some are bullish, other experts are warning of investment risks.

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