Trump's victory is optimistic, Bitcoin may rise to $80,000 to $90,000
On November 6th, Bitcoin soared to a record high of over $75,000, breaking the previous record of around $73,000 set in March. According to the New York Times, although the results of the crucial swing states have not been announced yet, the odds of Trump winning have risen to nearly 90% on an influential cryptocurrency betting website. Over the past two years, the Biden administration has actively cracked down on securities violations by cryptocurrency companies, casting doubt on the industry's long-term prospects in the United States. During his campaign, Trump promised to end regulatory push and make the United States the "cryptocurrency capital of the world." Before the election, analysts predicted that if Trump won, the price of Bitcoin could rise to $80,000 or $90,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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