Price Of Bitcoin Exceeded $ 100 Thousand

The price of cryptocurrency Bitcoin first exceeded the mark of 100 thousand US dollars against the backdrop of optimistic forecasts regarding the liberalization of cryptocurrency regulation by US President Donald Trump.

According to the analytical company CoinmarketCap, the total capitalization of the global cryptocurrency market over the past 24 hours has increased by about 2.8% and exceeded $ 3.6 trillion.

Over the past day, the Bitcoin exchange rate, the largest cryptocurrency, has grown by more than 6%, for the first time reaching 100 thousand dollars.

as of 05:52 by Turkish time, Bitcoin traded at a price of $ 101,447, which indicates a weekly growth of 5.36%.

Thus, Bitcoin has reached a new historical maximum, which is facilitated by expectations of liberalization of cryptocurrency regulation under the Trump administration.

During his election campaign, Trump repeatedly spoke in support of digital assets, promising to make the United States to the “crypto-old-line of the planet” and create a national reserve of bitcoins.

Analysts note that the statement of the Chairman of the Commission on Securities and Exchange of the United States (SEC) Gary Hensler to resignation also had a positive impact on the cryptocurrency market.

His approach to the regulation of the crypto industry caused an ambiguous reaction in the industry.

The price of the second largest cryptocurrency Ethereum over the past 24 hours has also increased by 5.8% and reached $ 3,860.