{"id":10874,"date":"2024-11-07T13:22:10","date_gmt":"2024-11-07T07:52:10","guid":{"rendered":"https:\/\/entrepreneurmirror.com\/?p=10874"},"modified":"2024-11-07T13:22:10","modified_gmt":"2024-11-07T07:52:10","slug":"trumps-victory-sparks-a-cryptocurrency-craze-that-pushes-bitcoin-to-all-time-highs","status":"publish","type":"post","link":"https:\/\/entrepreneurmirror.com\/staging-site\/2024\/11\/07\/trumps-victory-sparks-a-cryptocurrency-craze-that-pushes-bitcoin-to-all-time-highs\/","title":{"rendered":"Trump&#8217;s Victory Sparks a Cryptocurrency craze that Pushes Bitcoin to all-Time Highs"},"content":{"rendered":"<p>As investors hoped that former President Donald Trump&#8217;s win in the U.S. presidential election would help cryptocurrencies, the price of bitcoin reached a new high on Wednesday. Early trading saw a nearly 8% increase in Bitcoin, which broke its previous high established in March and surged past $75,000.<\/p>\n<p>Ethereum, the second-most popular cryptocurrency in the world after bitcoin, surged 8% along with other cryptocurrencies. Dogecoin, another token, surged up to 18%. Elon Musk, a billionaire and one of Trump&#8217;s most well-known supporters, prefers it as his cryptocurrency. Before the election, Trump, who had previously been sceptical of cryptocurrencies, changed his opinion and embraced them. America will become &#8220;the crypto capital of the planet&#8221; and a &#8220;strategic reserve&#8221; of bitcoin, he has promised.<\/p>\n<p>Trump has already declared his love of the digital currency and crypto traders now have a new narrative by which to get even more excited about where the price could go,&#8221; Mould said. But other experts warned of the risks. &#8220;Investors should only dabble in crypto with money that they can be prepared to lose,&#8221; said Susannah Streeter, head of money and markets at Hargreaves Lansdown.<\/p>\n<h4><strong>Also Read:<\/strong><\/h4>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/meet-modesto-n-pena-y-gorrin\/\" target=\"_blank\" rel=\"noopener\">Harnessing Global Expertise with Modesto N Pe\u00f1a Y Gorrin: How IMCI+ Alliance Transforms Advisory Services Across Industries<\/a><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/meet-andrea-pellini\/\" target=\"_blank\" rel=\"noopener\">Studying Abroad Made Easy And Seamless With wearefreemovers: Andrea Pellini<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As investors hoped that former President Donald Trump&#8217;s win in the U.S. presidential election would help cryptocurrencies, the price of bitcoin reached a new high on Wednesday. Early trading saw a nearly 8% increase in Bitcoin, which broke its previous high established in March and surged past $75,000. Ethereum, the second-most popular cryptocurrency in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,4],"tags":[],"class_list":["post-10874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","category-world"],"_links":{"self":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/10874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/comments?post=10874"}],"version-history":[{"count":0,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/10874\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/media?parent=10874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/categories?post=10874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/tags?post=10874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}