Bitcoin value nearing $100K benchmark as surge continues [Yahoo! Finance]
HARGREAVES LANSDOWN ADR (HRGLY)
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Source: Yahoo! Finance
As of midday Thursday, Bitcoin was trading at just over $97,500 per token, according to data tracking by CoinGecko . Industry watchers believe the digital currency is on the path to surpassing $100,000, riding a wave of positive investor energy following former President Donald Trump's successful reelection bid. While once a vocal skeptic of the cryptocurrency sector, Trump has since changed his stance and made campaign promises of a crypto-friendly overhaul of the federal regulatory framework for digital currencies when he's back in office. Rob Ginsberg, an analyst at Wolfe Research, predicted Bitcoin's value could break $100,000 as early as Thursday in a cryptocurrency market that's ripe for continued value escalations under current dynamics. “Looking back at previous moves of this magnitude, BTC has historically either gone into a consolidation period, or ignored the overbought condition as investors pile in,” Ginsberg said in a Wednesday note, per CNBC “Being that we are ju
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