Bitcoin hit another record – the cost of the cryptocurrency rose above $77,000

The Bitcoin price has been growing steadily for several days since the end of the US presidential election. For three days in a row, the most popular cryptocurrency in the world has updated historical highs, the next of which was the mark of $77,000 per coin. The price of Bitcoin briefly rose to $77,041, but then fell slightly, and at the time of writing this note it was trading at around $76,776 per coin.

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The price of Bitcoin has been steadily growing for three days in a row. Last day, the cryptocurrency rate set a record, exceeding $76,800, and the day before its price rose above $76,400. The growth of Bitcoin began on the day of the US presidential election on November 5, when the cryptocurrency rate was around $68,000. Since then, its price has increased by more than than by 13%. The total capitalization of cryptocurrencies over the past day increased by 1.52% to $2.547 trillion, and the share of Bitcoin was 57.64%.

Note that the strong growth of Bitcoin had a positive impact on the dynamics of other cryptocurrencies. For example, the cost of Ethereum over the past 24 hours has increased by 2.15% to $2,959 per coin, and the meme cryptocurrency Dogecoin has risen in price by 3.48% to $0.19. It is likely that the positive trend will continue for some time in the future, as investors are optimistic. This is due to the victory of Donald Trump in the US presidential election, who previously actively spoke out in favor of supporting the cryptocurrency industry.