Bitcoin crosses $94,000; Breaking barriers and beyond

Bitcoin is back again making a record of crossing $94,000. As reported by Reuters, on November 20, the popular crypto reached a high of $94,078. After reaching a high of $89,000 on November 12, this is the second time it broke its early records.

The sudden rise is being associated with Donald Trump reportedly being in talks to buy crypto trading firm Bakkt. Other analysts suggest that the introduction of options trading for BlackRock’s iShares Bitcoin Trust (IBIT) could boost the rise. But what impact can this have in the global economy? Let’s have a look what the rising market mean to you!