Bitcoin has risen above $94,000 for the first time

The price of Bitcoin reached a record high, exceeding $94,000, after it became known that Donald Trump's social network is negotiating the purchase of cryptocurrency trading company Bakkt. This heightened expectations for a more favorable attitude towards cryptocurrencies should Trump come to power. Financial Times reported that Trump Media and Technology Group, which operates the Truth Social network, is close to acquiring all shares of Bakkt, which is supported by the owner of the New York Stock Exchange, Intercontinental Exchange. Following the U.S. elections on November 5, cryptocurrencies sharply increased in price, as traders hope that the promised support for digital assets from the elected president will lead to less restrictive regulatory policies. Options on the BlackRock spot Bitcoin ETF on Nasdaq had a strong debut. According to QCP Capital, on Tuesday, the call-to-put options ratio was 4.4:1. In early Asian trading the next day, it remained at this level. According to CoinGecko, growing interest led to the value of the global cryptocurrency market exceeding $3 trillion, reaching a record high. Since Trump's election victory, Bitcoin exchange-traded products in the U.S. have attracted about $4.2 billion, which is about 15% of the total inflow since the launch of products on U.S. exchanges in January.$BTC