Cryptocurrency
Bitcoin Hits $19K on Dimming Election Uncertainty and Weaker Dollar
Bitcoin Hits $19K on Dimming Election Uncertainty and Weaker Dollar: (NewsBTC) Bitcoin rose above $19,000 on Tuesday after Donald Trump said his administration would assist President-elect Joe Biden’s transition to the White House, easing investors’ concerns about a prolonged period of election uncertainty. The BTC/USD exchange rate rose 3.89 percent to a new year-to-date high of $19,100, pointing […]
Bitcoin Hits $19K on Dimming Election Uncertainty and Weaker Dollar:
(NewsBTC) Bitcoin rose above $19,000 on Tuesday after Donald Trump said his administration would assist President-elect Joe Biden’s transition to the White House, easing investors’ concerns about a prolonged period of election uncertainty.
The BTC/USD exchange rate rose 3.89 percent to a new year-to-date high of $19,100, pointing to an extended upside move towards its previously established record high near $20,000. Futures tied to BTC/USD also climbed 4.56 percent to $19,445, suggesting a further growth for the pair in the spot market.
