Bitcoin nears $100k mark; 60% increase since US election day

BENGALURU: There has been a surge in market confidence since the US Election Day, and now Bitcoin inches closer to $100,000 mark. Experts said this optimism will continue and that institutional interest is also gaining momentum.

“With a more than 60% increase since US Election Day, Bitcoin’s rise is fuelled by growing anticipation that the incoming Trump administration will ease regulatory hurdles and create a more favourable environment for digital assets.