Bitcoin crosses $95,000 barrier. Archive

The price of the digital currency Bitcoin crossed the $95,000 threshold for the first time in its history on Thursday, driven by hopes that former Republican President Donald Trump will soon return to the White House and expectations that he will pass more flexible legislation in the field of cryptocurrencies.

At approximately (01:24 GMT), the price of Bitcoin exceeded $95,000, before reducing its gains and falling to $94,463 at (01:30 GMT).

Trump had described cryptocurrencies during his first term as a scam, but his position has completely changed on the matter, and he has even launched his own digital currency, pledging to make the United States "the world capital of Bitcoin and cryptocurrencies." $BTC $BTC $ETH

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