In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNT"Make Bitcoin Great Again" hats displayed for sale at the Bitcoin 2024 conference in Nashville, Tennessee, July 27, 2024.
Bitcoin is on pace to post a 38% gain for November, according to Coin Metrics, which would make the month its best since February, when it gained 45% following the launch of spot bitcoin ETFs.
Trump's victory sent bitcoin rallying to as high as just a couple hundred dollars shy of the highly anticipated $100,000 milestone.
In the same period, options on bitcoin ETFs began trading, ushering in a new way to trade and speculate on the price of bitcoin.
Bulls expect bitcoin's price to reach $100,000 by the end of 2024 and potentially double by the end of 2025.
Persons:
Donald Trump's, bitcoin, Gary Gensler
Organizations:
Bloomberg, Getty, Metrics, Mara Holdings, Investors, Securities and Exchange Commission, Bulls
Locations:
Nashville , Tennessee, bitcoin