Bitcoin's record-breaking rally took the digital asset past $89,000 (about R1.6 million) and lifted the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under President-elect Donald Trump.
The largest token has jumped about 32% since the US election on 5 November, hitting an all-time high of $89,599 yesterday. The original cryptocurrency changed hands at $88,450 as of 5:45 am in London.
Trump has vowed friendlier crypto rules and his Republican Party is tightening its grip on Congress, boosting his odds of pushing through his agenda. Trump's other pledges include setting up a strategic Bitcoin stockpile and fostering domestic mining of the token to make the US the crypto capital of the planet.
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Denne historien er fra November 13, 2024-utgaven av The Citizen.
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Continent's trade events
MEETINGS AFRICA AND AFRICA'S TRAVEL INDABA ARE BACK IN 2025
Benefits of partnerships
SUPPORTING ENTREPRENEURS SHOULD GO BEYOND TICKING BOXES - EXPERT
Morena is a Bafana gem
I usually don't like singling out individuals within a team sport such as football, but there's an unsung hero in the Bafana Bafana squad that deserves huge praise.
BOKS READY FOR A FIGHT
WARNING THAT A TEAM IN WALES' DIRE POSITION ARE DANGEROUS
Brees-creating a 'unified' Bafana
Bafana Bafana head coach Hugo Broos will jet back to his native Belgium this evening satisfied with a job well done in taking Bafana Bafana to the 2025 Africa Cup of Nations finals.
Respect for Magesi coach
Under normal circumstances, it would be a foregone conclusion that Mamelodi Sundowns will get the better of Magesi FC and be crowned Carling Knockout champions.
Gatland can 'fix' struggling Wales
CANNOT BECOME A BAD COACH OVERNIGHT
Proteas still targeting five-day crown
Lying fifth in the World Test Championship standings, head coach Shukri Conrad says the Proteas are eager to keep their hopes alive in the battle for a place in the final.
Nations League groups unravel
Germany rounded off their Nations League group stage campaign with a 1-1 draw in Hungary after a Dominik Szoboszlai penalty in the 99th minute rescued a point for the hosts, while Netherlands were held to the same scoreline by Bosnia and Hercegovina.
Nadal v Djokovic: Battle for the ages
Rafael Nadal's rivalry with Roger Federer will forever be remembered for a series of classic clashes, but his head-to-head record against Novak Djokovic featured more matches and was more closely fought.
