Bitcoin breaches $93,000 mark amid Donald Trump’s pro-crypto stance
Bitcoin crossed the $93,000 mark on Thursday, reaching a new all-time high as it continued its recent upward trend. The surge was attributed to increased optimism around a potentially crypto-friendly regulatory stance from President-elect Donald Trump, alongside expectations of further interest rate cuts by the US Federal Reserve. Bitcoin touched $93,400 at its peak, before settling around $90,000 as traders monitored its path toward the significant $100,000 level.
The cryptocurrency’s recent rally has been strong, with Bitcoin rising nearly 6% in the US market, hitting a record $93,462 before pulling back slightly to $89,974 as of Thursday morning in Singapore. As of 9:25 AM, it was trading at approximately $90,077, giving Bitcoin a…
