Bitcoin nears $100,000 mark on optimism of US shifting to crypto-friendly norms

Bitcoin edges closer to the $100,000 mark on Thursday, November 21, fueled by the optimism of the United States shifting to crypto-friendly norms under the President-elect Trump’s administration.

The crypto asset price crossed the $98,000 mark for the first time during European trading hours. The Bitcoin prices have more than doubled this year and have risen nearly 40 per cent in the last two weeks since Donald Trump was voted as the President-elect in the US Presidential elections, all set to make a White House comeback with a Republican government, reported the news agency Reuters.