Bitcoin reached a new all-time high, crossing the $90,000 mark. Over the last five trading sessions, it has increased by 21%, and in the last day - by 6.33%. The total market capitalization of Bitcoin has now exceeded $1.8 trillion, which reflects a significant increase in interest in the cryptocurrency. This notable increase in price occurred after the presidential election in the United States, where Donald Trump, who had previously openly spoken in support of digital assets, won.
Financial analysts explain that investors, against the background of Trump's promises to make the market more favorable for digital currencies, began to actively invest in Bitcoin and other cryptocurrencies. Speculation also covered a new $100,000 mark, which the market is aiming to reach by the end of the year.
Dogecoin, a cryptocurrency that has seen a 20% rise, has also caught the interest of investors. Support came from Trump himself, who announced the creation of the Department of Government Efficiency (DOGE for short), which will be headed by Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy.