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Bitcoin is heading for its longest weekly winning streak in 3 years
Money and business
Economy News - Follow-up
[rtl]Cryptocurrency Bitcoin is set to rise for a seventh straight week, extending what would be its longest winning streak in three years.[/rtl]
[rtl]The gains come amid growing optimism over the supportive administration of US President-elect Donald Trump for the sector.[/rtl]
[rtl]The last time Bitcoin recorded a similar weekly winning streak was in September 2021, when it saw what turned out to be a crash the following year.[/rtl]
[rtl]The largest cryptocurrency peaked at nearly $69,000 in November 2021, before falling to just over $15,000 a year later as a series of scandals and bankruptcies in the sector swept through. [/rtl]
[rtl]Since Trump won the presidential election last November, Bitcoin has risen by about 50%.[/rtl]
37 views
Added 12/14/2024 - 3:03 PM
https://economy-news.net/content.php?id=50858
Money and business
Economy News - Follow-up
[rtl]Cryptocurrency Bitcoin is set to rise for a seventh straight week, extending what would be its longest winning streak in three years.[/rtl]
[rtl]The gains come amid growing optimism over the supportive administration of US President-elect Donald Trump for the sector.[/rtl]
[rtl]The last time Bitcoin recorded a similar weekly winning streak was in September 2021, when it saw what turned out to be a crash the following year.[/rtl]
[rtl]The largest cryptocurrency peaked at nearly $69,000 in November 2021, before falling to just over $15,000 a year later as a series of scandals and bankruptcies in the sector swept through. [/rtl]
[rtl]Since Trump won the presidential election last November, Bitcoin has risen by about 50%.[/rtl]
37 views
Added 12/14/2024 - 3:03 PM
https://economy-news.net/content.php?id=50858
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