Bitcoin rises 6% to near $98,000 as market cap approaches $2 trillion

Bitcoin has risen 6% to nearly $98,000, continuing its upward trend since the recent U.S. elections. Its market capitalization is approaching $2 trillion, currently at $1.93 trillion, with trading volume increasing by 18% in the last day. The cryptocurrency has gained nearly 45% in two weeks, driven by optimism following Donald Trump's reelection and increased institutional interest. Bitcoin's dominance in the crypto market is around 60.52%, with the total crypto market cap rising to $3.18 trillion. Despite the surge, India's Finance Ministry plans to adhere to global regulations on cryptocurrencies. A new policy paper on cryptocurrency is being finalized, focusing on economic benefits rather than external influences.