The price of bitcoin ($BTC ) has resumed its rise. Overnight on November 28, the price of the first cryptocurrency climbed to $97.3 thousand, recovering after a fall below $91 thousand. At 10:50 Moscow time, the asset is trading around $96 thousand.
Over the past day, bitcoin has increased in price by 2.7%. The market share of bitcoin rose to 58.26%, according to TradingView. The trading volume of the leading cryptocurrency over the past 24 hours amounted to $84 billion.
The wave of optimism caused by the election of Donald Trump last week nearly pushed the price of bitcoin to $100 thousand, but then the asset pulled back as market participants' sentiments became more cautious, as traders awaited specific actions from the elected president, Bloomberg reports. The new growth may be triggered by the fact that the main candidate for the head of the U.S. Securities and Exchange Commission (SEC) is cryptocurrency supporter Paul Atkins, and most candidates for the position of head of the U.S. Commodity Futures Trading Commission (CFTC) are also loyal to the crypto market. The total capitalization of cryptocurrencies increased over the past day by 2.4%, reaching $3.47 trillion. The total trading volume of digital coins reached $272 billion.
