Bitcoin has crossed the US$70,000 mark following U.S. President Donald Trump's support, emphasizing that the consolidation of the sector benefits the American people.
On Tuesday night, Bitcoin's price surged, exceeding US$70,000 again, reaching US$71,804 by 11:15 AM today, reflecting a 6.8% increase in the last 24 hours and a 7.8% rise over the past week. Other cryptocurrencies, including Ethereum, BNB, and XRP, also saw notable increases in their prices during this period. This spike in Bitcoin's value has been attributed to political developments linked to U.S. regulatory measures concerning cryptocurrencies.
