Bitcoin price surpasses $90,000 as market optimism grows

Bitcoin's price surpassed $90,000 on Tuesday, marking a significant milestone after a record single-day gain on Monday. The cryptocurrency has increased by 115% this year, rising from $42,000 at the start of 2024. The surge follows positive market sentiment linked to President-elect Donald Trump's return to the White House. Analysts view this as part of the "Trump Trade," which they believe will support further growth in digital assets. The total cryptocurrency market capitalization has also exceeded $3.1 trillion, surpassing its previous high in November 2021. Expectations for Bitcoin's price include predictions of reaching $100,000 by year-end and $200,000 by 2025.