Bitcoin (BTC) surged more than 10% this week, hitting a new high of $76,849 on Thursday, buoyed by the crypto-friendly candidate Donald Trump’s victory in the US presidential election.
Because bitcoin does not represent ownership of tangible assets and does not generate earnings, revenue, or cash flow, its price is determined exclusively by supply and demand. Bitcoin’s network ...
The crypto market capitalisation has reached $2.75 trillion, approaching the peak of $2.77 trillion reached in March this year. The next target for the crypto bulls looks to be the historical highs at ...