Bitcoin price rose 3.49% to 82,056 USD, updating its all-time high. This is evidenced by data from the Binance platform as of 13:08.
By 13:25, Bitcoin slowed its growth and was at USD 81,870 (+3.23%).
"The price of Bitcoin accelerated after the US presidential election. On November 5, the price of the cryptocurrency updated the all-time high set on March 14, 2024, surpassing USD 73,778 previously, said the CEO of the crypto exchange Binance, Richard Tan. Commenting on the British newspaper The Financial Times, he said that with the victory of Donald Trump in the US presidential election, cryptocurrencies “started a golden age."
Bitcoin is a decentralized system of the cryptocurrency of the same name, based on blockchain technology, which can be “mined“ by (issuing) any user who is a participant in the system. To do this, you need to create new system blocks.
The concept was published in November 2008 by its author (probably a team of authors) under the pseudonym Satoshi Nakamoto. Bitcoin's popularity has only peaked in recent years. Bitcoin emissions are naturally limited; currently most of the bitcoins are already “mined“.