Bitcoin surged to an all-time high on Wednesday, reaching $75,345 in early trading, following Donald Trump’s re-election as U.S. President. The digital currency rose nearly 8% before settling around $73,500, fueled by investor enthusiasm over Trump’s pro-crypto stance.
President Trump has pledged to make the U.S. a global leader in cryptocurrency, even suggesting the creation of a strategic bitcoin reserve. His administration’s crypto-friendly policies and openness to digital currencies, demonstrated by accepting campaign donations in crypto and engaging with the industry at a Bitcoin conference in July, have made waves in the crypto market.
Investors are optimistic that Trump’s vision will lead to favorable regulations and greater mainstream adoption of cryptocurrency, driving Bitcoin and other digital assets toward further growth.Haut du formulaire
