Bitcoin approaches $90,000 milestone after weekend surge
cnbc.com —
Bitcoin is nearing $90,000 for the first time, trading at about $89,100 after surpassing $80,000 over the weekend. This marks a significant increase of 12% in a short period. The surge follows the election of Donald Trump, which has led to positive sentiment in the cryptocurrency market. Investors are optimistic about a more favorable regulatory environment for crypto businesses. Other cryptocurrencies also saw gains, with Ether up 5.8% and Dogecoin rising 38%. Coinbase shares increased by 19%, reflecting the overall bullish trend in the crypto market.