#TRUMP y las
#cripto In recent days, the cryptocurrency market has experienced a remarkable boost, largely due to Donald Trump's election as president of the United States.
Since the U.S. presidential elections on November 5, the price of bitcoin has seen an impressive rise. In just over a week, it reached its all-time high, breaking the barrier of $93,000 on November 13 (up from nearly $70,000 at the beginning of the month).
This revaluation of over 30% in just a few days has been driven by several macroeconomic factors and expectations of more favorable regulatory policies under the Trump administration.
Evolution of the bitcoin price over the last month. CoinMarketCap
Macroeconomics and regulation
Following the rate cut from 5.25% to 4.75% announced on September 19 by the U.S. Federal Reserve, on November 8, just three days after Trumpās victory, there was an additional reduction of 0.25 points, bringing it down to 4.5%.
This measure has injected liquidity into the capital markets, leading investors to seek other types of more profitable (and risky) assets, such as digital assets led by bitcoin.
On the other hand, in 2023, following the collapse of FTX, progress was made towards a regulatory framework for cryptocurrencies, but federal legislative efforts have been stalled for some time.