In 2016, when Donald Trump won the U.S. presidency, Bitcoin’s price shot up from around $1,000 to almost $20,000, which was a huge 2,000% increase. Now, in 2024, Trump has won again, but Bitcoin’s price is around $70,000, and it hasn’t surged anywhere near 2,000%. So, why hasn’t Bitcoin seen the same massive increase this time?

The main reason Bitcoin didn’t surge like it did in 2016 is because the Bitcoin market is much bigger and more mature now. In 2016, Bitcoin was still a new and small market, so even a small amount of new interest could cause a big jump in price. But today, Bitcoin is much more widely known, and it takes a lot more money to push its price up by such a huge amount. Additionally, people now see Bitcoin as a stable investment rather than a "new" and risky opportunity, which means it doesn’t attract the same kind of explosive interest as it did years ago.

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