Riding on Donald Trump's euphoria, Bitcoin breaks through $90,000 mark

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Riding on Donald Trump's euphoria, Bitcoin breaks through $90,000 mark - Business Standard

Quick Summary:

The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and on Wednesday touched record highs.It was last up 5.

Smaller peer ether has also risen 37 per cent since election day, while dogecoin, an alternative, volatile token promoted by billionaire Trump-ally Elon Musk was up more than 150 per cent.

Funds tracking the spot price of bitcoin, including BlackRock's iShares Bitcoin Trust, were up nearly 4 per cent on Wednesday.