• 2026.09.26 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Distribution Economy

Bitcoin Surpasses $80,000 for the First Time, Fueled by Trump's Pro-Crypto Stance

Global Economic Times Reporter / Updated : 2024-11-11 06:39:58
  • -
  • +
  • Print


Bitcoin has reached a new all-time high, surpassing the $80,000 mark for the first time. This significant milestone is attributed to the election of [Candidate's Name] as the next U.S. president, whose pro-cryptocurrency stance has buoyed investor sentiment.   

According to Bloomberg, Bitcoin's price surged 4.7% on [Date] to reach $80,920. The cryptocurrency's market capitalization has now exceeded $1.5 trillion.   

Analysts believe that the recent surge is largely driven by [Candidate's Name]'s favorable views on cryptocurrencies. During his campaign, he expressed support for the crypto industry, stating that he would make the U.S. the "crypto capital of the world" and explore the possibility of holding Bitcoin as a strategic asset.   

These promises have already started to materialize into tangible policy proposals. For instance, Senator Cynthia Lummis of Wyoming introduced a bill in August proposing that the Federal Reserve purchase approximately 1 million Bitcoins over five years and hold them for two decades.   

The prospect of a more crypto-friendly regulatory environment under the new administration has attracted significant investment into the cryptocurrency market. Since [Candidate's Name]'s election victory, Bitcoin's price has soared from around $69,000 to its current level.   

Industry experts anticipate that this trend will continue, with even more capital flowing into the cryptocurrency market. The combination of a favorable regulatory climate and growing institutional interest is expected to further propel Bitcoin's price to new heights.

[Copyright (c) Global Economic Times. All Rights Reserved.]

Global Economic Times Reporter
Global Economic Times Reporter
Reporter Page

Popular articles

  • Bridging Nations, Building Futures: Reflections of Ethiopia's Ambassador to the Republic of Korea

  • Desperate Pursuit of HBM: China’s AI Chip Sector Faces Crippling Bottlenecks as Gray Market Prices Soar

  • APR Accelerates Global Expansion with 'Medicube Relay Pop-Up' Across Major US and European Cities Through October

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065562737523518 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Beyond Drug Smuggling, Signs of "Domestic Manufacturing"… Special Measures Must Be Established 
  • Geoje, Still Scarred by Flood Damage, Receives 'Chuseok Warmth' from Across the Country Over 2 Billion Won Donated Since Disaster; 380,000 Items Worth 1.1 Billion Won in Relief Supplies
  • Season-Over Lee Jung-hoo: Only the Burden of a 33.5 Billion Won Price Tag Remains for the 2026 Season
  • Public Criticism on Stage... The Dignity of a Senior Singer Missed by Shim Soo-bong 
  • 'Slump in Results Followed by Asylum Scandal' – North Korean Delegation Shaken in Nagoya
  • Xi Jinping Arrives in Washington… Begins 3-Day State Visit to the U.S.

Most Viewed

1
Desperate Pursuit of HBM: China’s AI Chip Sector Faces Crippling Bottlenecks as Gray Market Prices Soar
2
Chuncheon to Light Up the "Lights of Ethiopia": The 16th Ethiopia Road World Coffee Festival & Meskel Festival Opens on September 25
3
The Era of "Working AI" Has Arrived: Why OpenAI's GPT-6 Astra is a Blessing for Samsung Electronics and SK Hynix
4
 Iran and Gulf Nations to Hold First Ministerial Meeting in Salalah for Hormuz Navigation
5
"Coffee Aroma and the Dance of Peace: A Global Cultural Harmony Unfolding This Chuseok" 
광고문의
임시1
임시3
임시2

Hot Issue

South Korea and U.S. Leaders Hold Pivotal Summit in New York

From a Symbol of Security to a Space for Healing... Walking Paju's Veiled 'Re:DMZ' Forest

Pocheon Hantan River Garden Festa

A Different Side of Gyeonggi Province Seen While Running… Autumn Running Courses Recommended by 'Run Gyeonggi'

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News