Search
+
Invest with Confidence. Lead with Insights.
  • Drench in the knowledge with exclusive insights, ePaper & smart market tools with ETPrime.

Cryptocurrency

Bitcoin breaches 100k mark on Trump’s crypto promise. What it means for the dollar?

Bitcoin breaches 100k mark on Trump’s crypto promise. What it means for the dollar?
Bitcoin breaches 100k mark on Trump’s crypto promise. What it means for the dollar?
Visualisation by Sadhana Saxena via AI.

Synopsis

What happens to the US dollar if President-elect Donald Trump makes good on his Bitcoin promises combined with his aggressive economic policies?

Bitcoin crossed USD101,000 amid after a brief decline to USD95,000 as interest in the OG cryptocurrency continues. Indian company Jetking Infotrain became the first publicly-listed company to hold Bitcoin in its treasury. A section of Amazon’s investors has petitioned to firm to hold Bitcoin, according to reports. This momentum is likely to continue. When the oldest cryptocurrency Bitcoin crossed the historic high of USD100,000 in the early
( Originally published on Dec 06, 2024 )
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT
New Feature Refer & Earn
ET

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

The Economic Times