Bitcoin soars past US$81,000 as Trump’s pro-crypto stance fuels buying spree

Quick Summary:

The token climbed to an unprecedented US$81,497 early in the Asian day on Monday.

Jubilant traders for the moment are paying little heed to questions such as the speed of likely implementation or whether a strategic stockpile is a realistic possibility.

Bitcoin reached a record high on Monday.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: Hong Kong

Topics: Trump’s Pro-crypto Industry Time Victory Digital Digital-asset Trump Us$81 Bitcoin Assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 11:06:27 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 214 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23507306

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Official Website: scmp.com

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News Last Updated: 4 hours ago

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