Get all your news in one place.
100's of premium titles.
One app.
Start reading
Al Jazeera
Al Jazeera
Business

Bitcoin nears $90,000 as investors eye crypto-friendly Trump administration

Donald Trump speaks at the Bitcoin 2024 Conference in Nashville, Tennessee on July 27, 2024 [Mark Humphrey/AP]

Bitcoin is closing in on $90,000 as crypto enthusiasts bet on United States President-elect Donald Trump taking a hands-off approach to digital currencies.

The world’s most popular cryptocurrency hit a record high of $89,637 on Tuesday, continuing its explosive rally since the US presidential election on November 5.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.