EXPLAINER | Will the Bitcoin price rally sustain?

Bitcoin prices have soared to all-time highs, fuelled by an optimism around Donald Trump’s win in the US polls and raising hopes of a more favourable view on cryptocurrencies. However, the jury is still out on whether all of Trump’s pro-crypto pledges are feasible, explains Ritwik Sharma

Is the optimism realistic?

Since Donald Trump was re-elected as US President earlier this month, the value of Bitcoin, the oldest and largest cryptocurrency, has soared. Bitcoin’s price crossed $93,000 last week.