Bitcoin hits record high, within touching distance of $100,000 milestone
India TodayBitcoin continued its upward momentum on Friday, reaching a new all-time high just under the $100,000 mark. The world's leading cryptocurrency topped $99,300, coming within striking distance of the psychological milestone that many experts had anticipated after the US election results. Bitcoin has gained over 48% since the US election results were announced, which saw Donald Trump, a vocal crypto supporter, sweep to victory. In addition to Trump’s influence, the broader crypto market has seen a surge in trading volume, which climbed nearly 25% to $244.41 billion. With Bitcoin's dominance still holding strong and other digital assets on the rise, the attention is now focused on whether the flagship cryptocurrency will successfully break through the $100,000 barrier.