On November 10, in the morning, the price of the first cryptocurrency jumped to $79,654, a new historical high, according to CoinMarketCap.
After the new record, the bitcoin rate rolled back a bit and is currently around $79,000. The asset grew by 3.21% over the day and 15.23% over the week.
According to Bloomberg, in 2024, bitcoin gained about 90% due to high demand for specialized US stock exchanges and the Fed’s interest rate cut.
The growth of the most prominent digital token, which set new records after the US presidential election, exceeds the returns on investments such as stocks and gold.