Bitcoin Gathers Fast Speed, Price Crosses More Than UsD 1 Lakh, Solana Gains Around 10 Percent

Bitcoin, the biggest cryptocurrency in terms of market value, has crossed one million dollars for the first time since February. The announcement of US President Donald Trump’s announcement with Britain has gained strongly in bitcoin on Thursday.

International Crypto Exchange after this report is published Binance But the price of bitcoin rose by about 4.50 percent to about $ 1,01,160. Earlier this year, Bitcoin set up a high level of over $ 1,09,200. Market analysts say that after crossing the level of one million dollars of bitcoin, the short-term may continue to rise in it. The second largest cryptocurrency either had an increase of about 13.40 percent. The Ether’s price was trading at $ 2,045. Apart from this, cryptocurrency prices like Solana and BNB also had a boom.

Under the trade agreement with the US, Britain has agreed to reduce the obstacles on agriculture, chemical, energy and industrial exports and make customs process easier for the goods of America. Some other countries of America may also have trade deals soon. After taking over as President, Trump imposed heavy tariffs on imports from many countries including China.

Recently, the Executive Director of the Council of the Advisors of the President on the Digital Assets of the White House, BO HINES, reported that the US government is considering the use of its gold reserve for holding bitcoin. He had said, “If we book the profit on Gold Reserve, it will be a good way to buy bitcoin.” Hines also mentioned the Bitcoin Act introduced by Senator Cynthia Lummis. In this, there was a favor to buy about 1 million bitcoins. The central government’s attitude towards cryptocurrency in India has been strict. The Supreme Court has also expressed apprehension about bitcoin. Recently, the Supreme Court described trading in bitcoin as hawala business. Along with this, the court also reprimanded the Central Government for not clarifying the situation regarding the regulation of virtual currency.