Bitcoin has easily exceeded the $93,000 mark due to Donald Trump's victory in the U.S. presidential election.
As of 11:20 a.m. Eastern time on the 13th, Bitcoin's price per unit was trading at $93,482, up 7.27% from 24 hours ago.
Bitcoin remained below $70,000 until the morning of the 5th, the day of the presidential election, but has continued to rise sharply since Trump's victory in the presidential election.
It has already outpaced silver and domestic stock markets with a market capitalization of $1.7 trillion, and there are predictions that Trump will grow in size if he eases virtual currency regulations as promised during the presidential race.
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