Some had already buried him. Bitcoin, a “standard” value in the world of cryptocurrencies, reached a new historic record this Tuesday, reaching $75,005 per unit, boosted by the American election. At the end of October, it had already beaten its ATH (for “all-time high”, i.e. its historical record) against the euro.
Until now, Bitcoin had reached $73,750, according to data from CoinMarketCap. It was then March 14, 2024. Since that date, it had fallen to $49.121 last August before regaining momentum and reaching these new heights.
Trump, promoter of cryptocurrencies
This Tuesday, it crossed the $75,000 mark, before falling below $74,000 around 4 a.m. Paris time.
The cryptocurrency market has been in particularly good shape in recent weeks thanks to the good momentum around the Donald Trump campaign, vying to reconquer the White House. Even going so far as to pay in Bitcoin in a bar in New York, the candidate showed himself favorable to the sector, cautious in the face of possible restrictive regulations. Donald Trump even announced the launch of his own cryptocurrency platform.
In recent years, Bitcoin has experienced numerous phases of euphoria – with records broken day after day – and descents, sometimes steep – during which some users were able to lose a lot.
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