📈 Matrixport today released a chart showing that when Trump was first elected in 2016, the price of Bitcoin was about $700 per coin and rose significantly in his first year in office. Although a single data point is insufficient to form a trend, market sentiment remains optimistic. If Trump is elected again, he may relax regulations, potentially leading to further gains for Bitcoin. Currently, the betting market predicts a 66.5% chance of Trump's victory.

Meanwhile, demand for Bitcoin continues to increase, with recent daily Bitcoin ETF purchases reaching $800 million, further reducing the supply of Bitcoin on exchanges. What impact do you think Trump's election will have on the Bitcoin market? Feel free to discuss in the comments! 💬