Ghodapur of crypto boom, Bitcoin increased by 11 percent to the highest level till now, estimated to reach 1 lakh dollars

Bitcoin All Time High: The rise of the crypto market is not going to stop due to Trump's victory. Top crypto currencies including Bitcoin, Ethereum, Dogecoin are moving with impressive speed. Today, Bitcoin jumped 10 percent to an all-time high of 89859.65. Crypto experts are hopeful that it will soon cross the $1 lakh mark.

Volume in Bitcoin increased by 74 percent

Today Bitcoin managed to cross the level of $ 89000 with a jump of more than 10.66 percent. In which the volume has increased by 73.63 percent to 134.24 billion dollars. The crypto market has seen a global volume of $307.6 billion in anticipation of Trump's liberal policies towards digital currencies. Which shows an increase of 42.90 percent compared to yesterday. With this, the global crypto market cap has increased by 9.24 percent to $2.98 trillion.

Reasons for the boom in crypto market

Trump has always been in favor of the crypto market. With its victory, crypto investors and institutional investors are increasing investments in the crypto market with the hope that crypto regulators will adopt liberal policies towards the digital currency market. Net inflows into crypto ETFs have been continuously increasing. Purchasing in Bitcoin, the world's top and most expensive crypto currency, has increased again. Its market share at one time was 45 percent. Which has now increased back to 58.9 percent. While on one hand the Asian, European and American stock markets are witnessing a decline after huge fluctuations, on the other hand the precious metal market is also trading in the red zone. Amid the boom in the crypto currency market in Ghodapur, institutional investors have turned to the crypto market.

Dogecoin made a comeback today

Elon Musk's favorite crypto coin Dogecoin is continuously reaching new heights. Today it rose 44.90 percent to $0.4023 (approximately Rs 33.82). With Trump's victory confirmed on November 6, Dogecoin has increased by 140 percent in the past seven days. According to a report, Elon Musk has more than 70 percent stake in Dogecoin. Elon Musk often tweets promoting Dogecoin.

The surge on top cryptos on a weekly basis