Record jump in bitcoin prices, Trump's victory is amazing, the figure crossed one lakh dollars

A record jump in the prices of cryptocurrency bitcoin is being seen. The price of Bitcoin has crossed one lakh dollars. On Thursday, the price of bitcoin rose by 5.9 percent and it has reached the level of $ 1,01,438.9 per bitcoin. In fact, due to Donald Trump's victory in the US presidential election, investors are very excited about investing in cryptocurrency. This is the reason why bitcoin prices are seeing a jump.

Donald Trump is considered a cryptocurrency supporter. In such a situation, investors hope that a better regulatory environment can be created in the Trump government in terms of crypto. It is worth noting that Trump has decided to appoint Paul Atkins as his government's Chairman of the Securities and Exchange Commission. Atkins is considered a big supporter of cryptocurrency. This is also a reason why the crypto market is excited by the appointment of Paul Atkins and investors hope that the regulation related to cryptocurrency in the US will be made easier and better.

Trump can also consider the proposal to form a crypto advisory council. This council will shape the policies related to cryptocurrency in the US. Trump himself is interested in this field. A Bitcoin exchange-traded fund was approved in the US earlier this year, and even after that, the price of Bitcoin jumped. Since the US election, about four billion dollars have been invested in this Bitcoin exchange-traded fund.

Bitcoin prices are increasing day by day. This cryptocurrency is making its investors earn great money. Due to this, the demand for bitcoin is increasing. Bitcoin is expected to rise further in the coming days. Federal Reserve Chairman Jerome Powell has also compared Bitcoin to gold, which has also increased the demand for Bitcoin. The price of Bitcoin has increased by about 140% since November 2024.