Recently, the price of Bitcoin has seen an increase of 2%, surpassing over $71,000 since the beginning of June this year, nearing $73,000.
The recent increase is a result of the presidential election, as President Donald Trump supports the use of crypto currency.
According to finance.yahoo.com regarding Trump, “He has even promised to make the United States the world’s crypto capital.”
For example, Interactive Brokers Group is expected to see an earning growth rate of around nearly 20% for the remainder of 2024, and the Zacks Consensus Estimate with an improved earning of more than one percent over the last 60 days.
WJPS 11th grader Jack Annibale said, “I think Bitcoin is a good thing, especially as we are moving to a society where everything is becoming digital.”
WJPS 11th grader Landon Thai said, “I don’t see the appeal to using crypto currency, but I can see why people think it’s a good thing.”
“Bitcoin IMG_4443” by btckeychain is licensed under CC BY 2.0.
