*Bitcoin Hits All-Time High of $75K: Could Trump’s Win Drive It to $100K?*
*Trump’s Win Pushes Bitcoin Price Up⚡*
Bitcoin price has surged past $73,800 for the first time since March 13, briefly reaching $75,000. This rise came before after election results declared Donald Trump as the 47th U.S. President. However, trump is a strong supporter of cryptocurrencies.
Many analysts believe that Trump’s support for cryptocurrency is helping boost Bitcoin’s price. His positive stance on the crypto industry contrasts with the more reserved views of his opponent, Kamala Harris, who has not been as vocal about supporting crypto.
Bitcoin Path To $100K
Bitcoin price has just hit a new all-time high of $75,361, and the excitement is building for even more gains. With BTC Futures Open Interest jumping nearly 9% to $43.57 billion, investors are getting more optimistic than ever.
Alongside this, analyst Deutscher believes Trump’s recent victory could trigger an “instant pump,” sending Bitcoin straight to a new record of $100,000 by the end of this year.
But that’s not all—Crypto Rover, a well-known analyst, points out that the last time Trump won the U.S. election, Bitcoin surged by an astounding 2700%. If history repeats itself, we could see Bitcoin rocket to $2 million by 2025
