Bitcoin, the most used and well-known cryptocurrency on the market, has set a new all-time high near $77,300, although it has subsequently deflated and is trading around $76,600.
According to market data, at 8:45 p.m. on Friday, The cryptocurrency reached $77,272.06, a new record, although it later deflated. This Saturday, bitcoin is trading at $76,584.44.
Bitcoin has accumulated five sessions on the rise with today’s session, although the gains recorded last Wednesday stand out, more than 9%after Donald Trump’s victory in the United States elections.
And this, after Trump had supported the main cryptocurrency throughout the presidential race, announcing that he would turn the American country into the largest holder of this asset if elected, according to experts.
In the United States, this Thursday, the US Federal Reserve (Fed) announced a new interest rate cut by 25 basis pointsand hinted that it will undertake a new drop, also of 25 basis points, at its December meeting. During the year, bitcoin revalued almost 70%.
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