4 reasons driving the surge in Bitcoin prices
1. Regulators are seeking regulatory approval, namely the Federal Reserve's interest rate resolution and the final approval of the Bitcoin spot price by the U.S. Securities and Exchange Commission (SEC), and expect Bitcoin prices to rise as a result.
2. The results of the U.S. election in November are out, but regulators said that after Trump's victory, the industry's support rate has risen sharply, contrary to the position of policymakers in the Biden administration.
3. Regulators are seeking regulatory approval, namely the Federal Reserve's interest rate resolution and the final approval of the Bitcoin spot price by the U.S. Securities and Exchange Commission (SEC), and expect Bitcoin prices to rise as a result.
