Suspense Crime Sach Ka Dam
The stormy rise in the price of bitcoin since Donald Trump’s victory in the US presidential election continued on Friday as well. On Friday, the price of Bitcoin crossed $99,000 for the first time. On Friday, around 1 pm, the price of Bitcoin reached its lifetime high of $99,502.92. This cryptocurrency has jumped more than 40 percent in just one week. Bitcoin is now close to one lakh dollars, 2 years after falling below $17,000 after the collapse of crypto exchange FTX.
Trump supported cryptocurrency before the presidential election
This amazing rise in the price of bitcoin has come at a time when industry experts are expecting that the Donald Trump administration will come up with a more crypto-friendly policy to regulate digital currency. According to CoinDesk, bitcoin was trading at $98,882 on Friday morning. Trump was previously skeptical about cryptocurrencies, but before the election, he changed his mind and favored cryptocurrencies. He had pledged to make America the crypto capital of the world and create a strategic reserve of Bitcoin.
Trump received cryptocurrency as a donation during the election
.He also accepted cryptocurrency as a donations during his election campaign. Supporters of the crypto industry welcomed Trump’s victory. They hope that he will be able to push through the legislative and regulatory changes that he has been lobbying for a long time. Let us tell you that cryptocurrency is a digital currency that is secured by cryptography (code). It is almost impossible to counterfeit and double-use them. They exist on a decentralized network using blockchain technology. Blockchain is a technology that operates currencies like bitcoin.
