USA welcomes its first 'crypto president'! Bitcoin skyrocketing all the way to hit a new all-time high, will the new round of bull market in the crypto circle begin?
The market believes that, given Trump's promise to make the USA a "bitcoin superpower" and to implement relaxed regulations to promote the development of the cryptos industry, Trump's second term seems to be more advantageous for the cryptos industry.
Can it be cashed? Review of Trump's promises to bitcoin: dismiss the SEC chairman, make the usa the world's encryption center.
On November 6, 2024, the dust of the USA general election settled. With the key swing state of Pennsylvania turning red, bitcoin hit a historical high of $75,000. Donald Trump is basically confirmed to take the position of USA President again, just like 8 years ago. In order to win this election, Trump went all out to court the cryptocurrency industry professionals during his campaign, becoming a staunch supporter of bitcoin. At the Bitcoin 2024 conference held in Nashville in July this year, Trump made an appearance and delivered a nearly 1-hour speech. Although it was delayed by 1 hour from the original scheduled time, the tens of thousands of audience members were still highly emotional in Trump's uniquely charismatic speech. This was Trump's commitment to bitcoin, and now it's time for him to fulfill that promise. On the day of bitcoin's historical high, let's review this speech together and see what commitments Trump made to bitcoin.
The crypto frenzy has just begun! The market is bullish on bitcoin surging to $0.08 million within the month.
The futures market indicates that the record-breaking surge of bitcoin triggered by Trump's victory in the US presidential election may have just begun.
Latest crypto news | Bitcoin once again hits an all-time high, becoming the ninth largest asset by market cap globally; Standard Chartered Bank: Bitcoin is expected to reach $0.125 million by the end of this year if Trump wins the election.
Bitcoin hits a new all-time high again, reaching $0.0756 million per unit, driving the global cryptocurrency market cap past $2.6 trillion, with Bitcoin's market cap at $1.495 trillion.
November 6th BTC/ETH spot etf net inflow situation, IBIT trading volume reached 4.1 billion US dollars
Yesterday (November 6), the net inflow of the US bitcoin spot ETF was 0.6219 billion USD; the net inflow of the US ethereum spot ETF was 52.29 million USD, with IBIT trading volume reaching 4.1 billion USD, hitting a record high.
One chart proves the amazing trend of the 'Trump trade': the cryptocurrency market surged by 200 billion US dollars overnight!
According to the latest statistics from Watcher.Guru, Trump won the 2024 presidential election, and the cryptos market saw a single-day addition of over $200 billion in funds on Wednesday, November 7th.