{"id":11244,"date":"2024-12-05T10:11:44","date_gmt":"2024-12-05T08:11:44","guid":{"rendered":"https:\/\/rega.news\/?p=11244"},"modified":"2024-12-05T10:33:13","modified_gmt":"2024-12-05T08:33:13","slug":"bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge","status":"publish","type":"post","link":"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/","title":{"rendered":"Bitcoin at All-Time High: Here’s the Reason for the Historic Price Surge"},"content":{"rendered":"

The Bitcoin currency, the leading digital currency in the world, surpassed the $100,000 mark for the first time in history last night (between Wednesday and Thursday). This increase is due, among other factors, to Donald Trump’s victory in the U.S. presidential elections and the statements of support for cryptocurrencies from his future administration.<\/p>\n

The Impact of the Election Victory on the Market<\/strong><\/p>\n

Since Trump’s victory, Bitcoin has risen by 45% in the last four weeks and has recorded an increase of more than 100% since the beginning of 2024. Trump himself has expressed his support for digital assets and pledged to lead the U.S. to become a global crypto hub. According to him, regulatory easing will encourage investments and support in the sector.<\/p>\n

Involvement of Key Players<\/strong>
\n

\"\"
Elon Musk. Credit: Chaim Goldberg Flash90<\/figcaption><\/figure>
\nProminent figures like Elon Musk, known for his enthusiastic support of crypto, are contributing to the increase in momentum. Additionally, the approval of Bitcoin-based exchange-traded funds (ETFs) earlier this year has added billions of dollars to the market, with over $4 billion flowing in since the elections alone.<\/p>\n

A Proposal for a First Reading was Approved: More Financial Awareness for Bank Customers.<\/strong><\/p>\n

Alongside the impressive rise, there are concerns in the crypto market following previous crises, such as the collapse of the FTX exchange. Analysts warn that the digital currency sector remains particularly volatile and requires caution from both retail and institutional investors. <\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin surpasses the historic threshold of $100,000 after Trump’s victory in the elections and guaranteed regulatory easing boost the market.<\/p>\n","protected":false},"author":3,"featured_media":11248,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,65],"tags":[2263,2264,2262],"class_list":["post-11244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-world","tag-bitcoin","tag-donald-trump","tag-elon-musk"],"yoast_head":"\nBitcoin at All-Time High: Here's the Reason for the Historic Price Surge - REGA news<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin at All-Time High: Here's the Reason for the Historic Price Surge\" \/>\n<meta property=\"og:description\" content=\"Bitcoin surpasses the historic threshold of $100,000 after Trump's victory in the elections and guaranteed regulatory easing boost the market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"REGA news\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-05T08:11:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-05T08:33:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/reganews.co.il\/en\/wp-content\/uploads\/2024\/12\/bitcoin-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1536\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"By Yoav Bowman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"By Yoav Bowman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/\"},\"author\":{\"name\":\"By Yoav Bowman\",\"@id\":\"https:\/\/reganews.co.il\/en\/#\/schema\/person\/2500eda9386ebe013aa5f19f2959b231\"},\"headline\":\"Bitcoin at All-Time High: Here’s the Reason for the Historic Price Surge\",\"datePublished\":\"2024-12-05T08:11:44+00:00\",\"dateModified\":\"2024-12-05T08:33:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/\"},\"wordCount\":255,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/reganews.co.il\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/reganews.co.il\/en\/wp-content\/uploads\/2024\/12\/bitcoin-1.jpg\",\"keywords\":[\"Bitcoin\",\"Donald Trump\",\"Elon Musk\"],\"articleSection\":[\"ECONOMY\",\"WORLD\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/\",\"url\":\"https:\/\/reganews.co.il\/en\/bitcoin-at-all-time-high-heres-the-reason-for-the-historic-price-surge\/\",\"name\":\"Bitcoin at All-Time High: Here's the Reason for the Historic Price Surge - 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