30s Summary
Bitcoin’s price has surpassed $79,000 for the first time following Donald Trump’s re-election. Bitcoin expert Tuur Demeester advised against rash decisions, encouraging holders to keep their assets. Cryptocurrency analyst ‘Invest Answers’ also affirmed the rise of Bitcoin to its 227,400 followers. Meanwhile, crypto commentator Rain announced to their 148,000 followers that Bitcoin is back in the game.
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The price of Bitcoin has rocketed past the $79,000 mark for the first time ever. This has happened during a week which has seen some major highs after Donald Trump’s re-election as US president.
On November 10th, at around 5:00 am UTC, Bitcoin reached a value of $79,141 on the Coinbase cryptocurrency exchange. But remember to still be smart about your investments, pros are warning against making any hasty decisions.
Bitcoin expert Tuur Demeester posted a note on November 10th saying “No need for knee-jerk reactions, just hold on to what you have.” He also added, “$79k bitcoin is a new all-time record. Keep cool, folks, we’re just getting started. Now’s the time to play it smart and stay put.”
On a similar note, well-known cryptocurrency analyst account ‘Invest Answers’ told their massive online following of over 227,400 people that Bitcoin is on the rise after breaking through the $79,000 level.
Adding to this positive buzz, crypto commentator Rain enthusiastically declared to their 148,000 followers, “We’re back in the game.”
We’re watching this exciting story as it unfolds, and will keep you updated as more information comes in.