Bitcoin exceeds the historical threshold of 90 thousand dollars

London. Bitcoin surpassed the $90,000 barrier this Wednesday for the first time in its history, at a time when the sector is preparing for more flexible legislation and favorable economic policies under the administration of Donald Trump.

The largest cryptocurrency by capitalization surpassed this threshold around 2:30 p.m. GMT (8:30 a.m. Central Mexico time), even reaching above $92,000.

According to market data consulted by Europa Press, bitcoin reached a new provisional maximum of $92,870 this Wednesday, with an increase of 6.6 percent compared to Tuesday’s session and around 33 percent since the Last week, Donald Trump’s victory in the United States presidential election was confirmed.

The highest value and best-known cryptocurrency on the market has accumulated a rise of more than 30 percent since the victory of the Republican candidate on November 5 to return to the White House and is increasingly approaching the threshold of 100 thousand dollars.

On Monday, bitcoin rose to almost $85,000, after exceeding the $80,000 threshold on Sunday.

Cryptocurrencies continue to skyrocket after the triumph of the tycoon, who has promised to deregulate this sector, contrary to the more restrictive policy of current President Joe Biden.

Trump promised to turn the United States into the world capital of cryptocurrencies, create a strategic bitcoin reserve and appoint regulators to support digital assets.

Since November 5, when Bitcoin was trading around $69,400, the reference cryptocurrency has not stopped successively breaking all-time highs and has already doubled its value so far this year.

“Bitcoin is reaching new highs daily. It is very possible that this rally extends over time,” says Eric Demuth, CEO and co-founder of Bitpanda, for whom there is a real possibility that we will see 100 thousand dollars this year or even this month.