Bitcoin value hits record high

Bitcoin soared above $89,000, boosted by President-elect Donald Trump’s vow that the U.S. will become the “crypto capital of the planet.” Bitcoin is now worth some $1.74 trillion worldwide


Bitcoin’s growth (US$, logarithmic scale)

Oct 2009: Bitcoin valued at $0.0009

Jul 2011: $15.40

Nov 2013: Spikes to $1,242

Dec 2017: $19,783.21 

Oct 2021: Bitcoin hits $66,975 – all-time high

Nov 12, 2024: $89,891.77
Token has jumped about 32% since U.S. election on Nov 5

$100,000
$10,000
$1,000 
$100 
$10
$1 
$0.10 
$0.01
 	2010 12 14 16 18 20 22 24


Sources: Bloomberg, CoinDesk, Forbes, Sherwood
Picture: Getty Images
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