The world’s best-known cryptocurrency has more than doubled since its annual low of $38,505 on January 23rd. Bitcoin was last trading at $80,829 after briefly rising to $81,464 in Asian trading. Other cryptocurrencies also benefited from the positive sentiment. Ether rose above the $3,200 mark for the first time in more than three months.
Trump had announced that he would make the USA the “crypto center of the planet”.
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Gold and Bitcoin soar ahead of the US election
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The article highlights the recent surge in the value of Bitcoin and other cryptocurrencies. Bitcoin’s price has more than doubled from its annual low of $38,505 in January, reaching $80,829, with a brief peak at $81,464 during Asian trading hours. Similarly, Ether has also seen significant gains, surpassing the $3,200 mark for the first time in over three months.
Additionally, former President Trump reportedly announced intentions to position the United States as the “crypto center of the planet.” This positive sentiment toward cryptocurrencies is further reflected in the increased prices of gold and Bitcoin, as both assets approach their all-time highs in the lead-up to the upcoming US elections. The buzz surrounding these developments indicates a notable interest in digital currencies, especially amid shifting economic landscapes.
