Bitcoin Hits All-Time High After ‘Trump Trade’ Effect and Dollar Explodes! What’s Next? 💵🤑
The dollar soared, reaching its highest value against the real since August, while Bitcoin also reached new highs in reais, surpassing R$400,000. The so-called “Trump Trade” boosted the cryptocurrency after the former US president promised pro-Bitcoin measures, including vetoing the creation of a Central Bank Digital Currency and promoting cryptocurrency mining in the US. Investors are now closely monitoring upcoming economic decisions in the US, which may further impact the market.