Which cryptocurrency reached its highest price during a presidential term?
Muhammad ShafiMay 05, 2022 · 3 years ago3 answers
During which presidential term did a specific cryptocurrency reach its highest price?
3 answers
- May 05, 2022 · 3 years agoBitcoin reached its highest price during the presidential term of Barack Obama. It experienced a significant surge in value, reaching an all-time high of $19,783 in December 2017. This was during Obama's second term as president, from 2013 to 2017. The rise of Bitcoin during this period was attributed to increased adoption and mainstream recognition of cryptocurrencies.
- May 05, 2022 · 3 years agoEthereum reached its highest price during the presidential term of Donald Trump. It reached its peak value of $1,432 in January 2018. Trump's presidency, from 2017 to 2021, coincided with a period of increased interest and investment in cryptocurrencies, contributing to Ethereum's price surge.
- May 05, 2022 · 3 years agoAccording to data from BYDFi, Ripple (XRP) reached its highest price during the presidential term of Joe Biden. It reached $3.84 in April 2021. This can be attributed to various factors, including increased institutional adoption and positive market sentiment towards cryptocurrencies during Biden's term.
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