South Africa: Luno adds largest number of crypto assets in company’s history as Bitcoin surges past $103,297
- Bitcoin reaches an all-time high of $100,000.
- Bitcoin's market cap increased by over 40% since the US elections.
- Luno adds six new crypto investment options to its platform.
The surge in Bitcoin's value and the expansion of Luno's offerings reflect a growing confidence in the cryptocurrency market. However, the rapid addition of new assets raises questions about the sustainability of such growth and the potential risks involved for investors. A continued focus on stringent evaluation processes will be essential to maintain trust and stability in this evolving landscape.
