By Nermeen Nabil Khear 
The price of Bitcoin (BTC) is going parabolic.
BTC has surged from about $76,000 on Friday to $79,373 at time of publishing.
The leading crypto asset has forcefully rallied following Donald Trump’s sweeping victory over Kamala Harris last week.
Trump has called himself the pro-Bitcoin and crypto candidate, stating he will support the $2.6 trillion industry and create a strategic Bitcoin reserve.
In the days before the election was called, BTC was priced at about $68,000.
Bitcoin ETFs have also witnessed major accumulation amid Trump’s re-ascention.
Despite launching early this year, BlackRock’s spot-Bitcoin exchange-traded fund is now bigger than its gold fund, reports Bloomberg, reaching a whopping $34.3 billion.
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The post Bitcoin Price Surpasses $79,000 in Abrupt Weekend Melt-Up appeared first on The Daily Hodl.
The price of Bitcoin (BTC) is going parabolic. BTC has surged from about $76,000 on Friday to $79,373 at time of publishing. The leading crypto asset has forcefully rallied following Donald Trump’s sweeping victory over Kamala Harris last week. Trump has called himself the pro-Bitcoin and crypto candidate, stating he will support the $2.6 trillion
The post Bitcoin Price Surpasses $79,000 in Abrupt Weekend Melt-Up appeared first on The Daily Hodl. Bitcoin, bitcoin price, blackrock, BTC, btc price, Crypto, News, Price
This articles is written by : Nermeen Nabil Khear Abdelmalak
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