The value gain of cryptocurrencies in the last 24 hours has reached 2.8 percent.
According to data from the analysis firm Coinmarketcap, the value of the global cryptocurrency market, including Bitcoin, has increased by approximately 2.8 percent in 24 hours, surpassing 3 trillion 600 billion dollars.
The price of Bitcoin, the largest cryptocurrency, has increased by more than 6 percent in the last 24 hours, exceeding 100 thousand dollars for the first time.
As of 05:52 TSI, Bitcoin was trading at 101 thousand 447 dollars, with its weekly value gain rising to 5.36 percent.
Thus recording an all-time high, the price of Bitcoin is being influenced by expectations that favorable regulations regarding cryptocurrencies will be implemented under the Trump administration.
During his election campaign, Trump made statements indicating his embrace of digital assets, promising to make the US the "crypto capital of the planet" and to create a national Bitcoin reserve.
Analysts state that the announcement by US Securities and Exchange Commission (SEC) Chair Gary Gensler, whose approach to the crypto industry has drawn criticism, that he will step down from his post has also created a positive impact on the cryptocurrency market.
The price of Ethereum, which ranks 2nd in terms of market value, also gained 5.8 percent in the last 24 hours, rising to the 3 thousand 860 dollar level.
News Source: AA
