soared

Dogecoin has soared in value over the past week.

The price of a bitcoin soared to a record high of more than $87,000 on Monday, continuing its surge in value since Donald Trump’s decisive victory in the presidential election spurred excitement about the digital currency.

The first hint of their impending good fortune came as Trump was projected to win the presidential election; as the news came, their stock prices soared.

Sir Jon, who has led the project since Mark Thurston left his role as chief executive in September 2023, warned in January that the estimated cost for phase one has soared to as much as £66.6bn compared to the £37.5bn forecast in 2013.

Inflation soared in 2022 because oil and gas were in greater demand after the Covid pandemic, and energy prices surged again when Russia invaded Ukraine.