bitcoin

The analyst believes the positive developments will be enough to push overall digital assets market cap to US$10 trillion by end-2026.

Digital asset companies spent heavily during the election campaign to boost candidates viewed as favourable to them. Trump did an about-face, becoming a supporter of what he once labelled a scam.

The cryptocurrency climbed as much as 4.7% to an unprecedented US$80,092 on Sunday.

The largest token — now viewed as a quintessential so-called Trump trade — surged to a record high of US$76,956 on Thursday.

The Bitcoin developer is just one of many people suspected. The anonymous creator of Bitcoin hasn’t been heard from for years.

Digital assets of late have moved more in tandem with stocks, indicating macroeconomic drivers like the Fed monetary policy outlook are key for Bitcoin at the moment.

Correlations between crypto and traditional investments like stocks have jumped of late.

The US Bitcoin ETFs investing directly in the original cryptocurrency debuted in January with much fanfare.

Bitcoin posted its biggest drop since the turmoil that gripped global markets in early August.

After the launch of US Bitcoin ETFs in January and the “halving” last month, what will power the cryptocurrency’s next rally?