EXPLAINER | Will the Bitcoin price rally sustain?
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Bitcoin prices soared to all-time highs, crossing $93,000 following Donald Trump's re-election as US President on November 5, 2024; optimism around Trump's pro-crypto policies is tempered by concerns over their feasibility and potential inflation risks; Trump has embraced cryptocurrencies, proposing a national Bitcoin reserve and launching World Liberty Financial; India views Bitcoin as a strategic asset despite no legal recognition as tender; Bitcoin's market cap now ranks eighth globally, surpassing silver; volatility remains a concern for investors, highlighted by WazirX's $230 million cyberattack in July 2024.
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https://www.financialexpress.com/business/digital-transformation-explainer-will-the-bitcoin-price-rally-sustain-3669476/
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