💥💥💥 #bitcoin☀️ Approaches $90,000 Following #trumpwin and Market Optimism
Bitcoin Nears $90,000 Amid Trump-Driven Crypto Optimism
- Bitcoin surged to $89,637, up 25% since Nov. 5, as Trump’s presidential win boosted expectations for a pro-crypto administration. This "Trump trade" has driven demand for crypto assets and stocks, with Tesla also up nearly 40%. Trump’s support for digital assets, including a potential U.S. bitcoin reserve, has sparked speculation across crypto sectors.
- The rally extended to U.S.-listed #CryptoMiners , with Riot Platforms gaining 17%, #MARA Holdings up 30%, and MicroStrategy climbing 26% after a recent $2 billion bitcoin buy. Trump’s launch of World Liberty Financial in September and his intention to replace SEC Chair Gary Gensler added to hopes for a favorable regulatory shift. Investors view this as a sign of political support for bitcoin as a potentially stable asset.
