In El Salvador, crypto investors cheer Trump-powered Bitcoin rally

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In El Salvador, crypto investors cheer Trump-powered Bitcoin rally - Channel News Asia

Quick Summary:

NUEVO CUSCATLAN, El Salvador : Bitcoin enthusiasts meeting in El Salvador on Friday said a recent surge in the cryptocurrency's value since Donald Trump's U.S.election win has heightened their expectations the price will rise further and it will be adopted more broadly globally.

"Bitcoin is growing very, very fast, in front of the eyes of the whole world.

Bitcoin, which was trading above $90,000 on Friday, rallied to an all-time high after Trump secured his new term in office, set to begin in January.