After a day of sideways trading around $75,000, Bitcoin is now once again on a nightly rally, and the trading volume is increasing. Trump, who won the election, will not be officially sworn in until January 20, 2025. Trump plans to include Bitcoin in the national strategic reserve if he is elected: This is certainly good for Bitcoin. In addition, Trump promised at the 2024 Bitcoin Conference to include Bitcoin in the national financial reserve, support Bitcoin mining, and plan to establish an advisory committee to support cryptocurrencies.
Some forecasting agencies believe that Bitcoin will exceed $100,000 on the day Trump takes office.
