Bitcoin prices surged past $100,000, influenced by political shifts, particularly the election of Donald Trump who promised a supportive stance towards cryptocurrencies.
The rally in Bitcoin prices, attributed largely to Trump's pro-crypto approach, has transformed investment trends, with small businesses now diversifying from cash to cryptocurrency investments.
Under Joe Biden, the SEC's legal pressure on crypto exchanges contrasts sharply with the more lenient policies anticipated under Trump's administration, impacting market sentiments.
Bitcoin's impressive rise, having increased over 50% since election day alone, showcases the potential volatility and responsiveness of cryptocurrency markets to political events.
Collection
[
|
...
]