Bitcoin booms with Trump victory: where to next? | Jessica Amir

After Donald Trump's presidency was confirmed, Bitcoin made a strong comeback, surging to an all-time high on Thursday. Some analysts predict that Bitcoin will continue to see even greater gains in the future due to Trump's pro crypto stance and policies.

The price of the world's largest cryptocurrency, Bitcoin, surpassed $76,000 (AUD $114,000), continuing to rise by 42% since early September. Moomoo Market Strategist Jessica Amir was quoted on Bitcoin's performance in an article by The Daily Telegraph. She stated, "Investors piled a massive US$4.6 billion into the most popular Bitcoin ETF, iShares Bitcoin Trust, over the past four weeks, expecting wider crypto adoption and weaker regulation from a Trump victory."

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