Bitcoin price on track to hit six figures before the end of 2024!

Trump pledges to boost Bitcoin mining in the United States

Economic and financial analysts have concluded that the cryptocurrency "Bitcoin" is heading to record its highest level in history and may break through the $100,000 level, driven by the hot political developments witnessed by the world, most notably the victory of Republican candidate Donald Trump in the US presidential elections.

A report published by the American network "CNBC", and reviewed by "Al Arabiya Business", said that Bitcoin is on its way to reaching a price of $100,000 by the end of the year, due to Trump's victory in the elections.

James Butterfill, head of research at "Coinshares", said that the price rising to $100,000 - which means a 33% increase from what it is now - is possible, indicating that Trump's victory in the presidency and the new Republican majority in the Senate are likely to make it easier to push through a "relaxed expected regulatory framework." $BTC $SOL $DOGE #MarketDownturn