Categories: Techno

Bitcoin soars to new record high amid Trump's announcement of US crypto reserve

Bitcoin has reached a new record high of over $106,000. This was made possible by the statement of President-elect Donald Trump, who expressed the idea of ​​creating a national Bitcoin reserve by analogy with the US strategic oil reserve. This is reported by forex.ua with reference to Reuters.

Bitcoin, the world's leading cryptocurrency, rose to a record high of $106,533, before stopping at $105,688. Ether rose nearly 3% to $4,014.

“We're going to do something big with cryptocurrency because we don't want China or anyone else – not just China, but others – to take it – and we want to be the leader,”, – Trump said in an interview with CNBC.

When asked if he was going to create a cryptocurrency reserve similar to oil, Trump replied: “I think so: “Yes, I think so”.

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

Share
Published by
Natasha Kumar

Recent Posts

The SBU detained 7 students who, at the request of the Russian Federation, destroyed Ukrzaliznytsia objects

< IMG SRC = "/Uploads/Blogs/BA/60/IB-FRIH428BN_E03E06F7.jpeg" Alt = "SBU detained 7 students who were on the…

2 hours ago

The process is running. Facebook and Instagram social networks have abandoned facting – so far in the United States only

< IMG SRC = "/Uploads/Blogs/1b/A8/IB-FRIQCN8KQ_BF13E74D.PNG" ALT = "Process Launched. Facebook and Instagram refused factage-so far…

2 hours ago

This color does not serve every woman over 50. It is worth knowing before the next purchase

Fashion is not only a way to express yourself, but also a clever tool, thanks…

4 hours ago

Prince William and Prince Harry in mourning. A man who was with them in the most difficult moments left

He did not appear in the flashlight. He did not pose for official photos. Always…

4 hours ago

Iga Świątek spoke. Her words moved the fans

Iga Świątek - an icon of world tennis, whose name has forever entered the history…

4 hours ago

Global Chipping: Neuralink is looking for volunteers to test implants around the world

< IMG SRC = "/Uploads/Blogs/58/Fe/IB-FRIN5SP0K_E26265D2.jpg" Alt = "Global Chipping: Neuralink is looking for volunteers to…

4 hours ago