Bitcoin surges to record high near $95,000

Quick Summary:

Bitcoin soared to a new all-time high near $95,000, fueled by reports of a potential acquisition of crypto trading platform Bakkt by Trump's social media company.

This news, coupled with Trump's pro-crypto stance, has boosted investor confidence in a less regulated crypto environment.

Earlier this week, the Wall Street Journal reported Trump was meeting privately with the crypto exchange Coinbase chief executive officer Brian Armstrong, further aiding sentiment.

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Article Details

Author / Journalist: Reuters

Category: EconomyBusiness

Markets: IndiaAustralia

Topics: Bakkt acquisition Trump Cryptocurrency Donald Trump cryptocurrency BlackRock bitcoin ETF Bitcoin options trading Bitcoin record high Cryptocurrency market Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 02:11:30 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 638 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23724222

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 33 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 1 hours ago

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Publisher ID: #28

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