The cost of bitcoin first rose above 97 thousand dollars in connection with the reports that the company of the chosen President of the United States Donald Trump Media and Technology Group is negotiating the purchase of a cryptocurrency company Bakkt.
According to the analytical company CoinmarketCap, the cost of the global cryptocurrency market, including bitcoin, increased by 3.95 percent over 24 hours and exceeded $ 3.19 trillion.
Bitcoin price, the largest cryptocurrency, has increased by more than 5.6 percent over the past day.
During his election campaign, Trump promised to make the United States “the world capital of cryptocurrency.” Trump also stated that if he becomes president, he would create a strategic national reserve of bitcoins in which the White House will store their tokens.
The weekly increase in the cost of cryptocurrency exceeded 8.6 percent. As of 08.31 in Moscow time, the price of bitcoin, which is traded at the level of 97 thousand 767 dollars, has grown by more than 40 percent since the presidential election in the United States on November 5th.
The market share of bitcoin in the cryptocurrency market has reached the highest level over the past three years – 61 percent, and the effect of cost growth on other cryptocurrencies has remained limited.
Ethereum, which occupies the second place in market value, has also lost more than 3 percent over the past 7 days – up to 3 thousand 125 dollars. SOLANA, alternative cryptocurrency, went up by 10.4 percent to more than $ 241.
Analysts note that investors considered the control of the Republicans over both chambers in the United States and the appointment of businessman Ilon Mask by the head of the Department of Government’s effectiveness as a positive factor for cryptomor.
on the other hand, it is expected that the elected US President Donald Trump will meet with Coinbase Clinical Exchange, Brian Armstrong.
The American company Microstrategy, the largest corporate bitcoin holder, not counting the exchange funds, acquired cryptocurrency for a record $ 4.6 billion.
Now Microstrategy has about 1.5 percent of the total bitcoins in circulation, the cost of a share is about $ 30 billion, while the company spent almost two times less on their purchase.