๐ **Crypto Market Surge: Trump Rally & BTC Trends!** ๐
- **Market Reaction:** Analysts from H.C. Wainwright note a positive crypto market response linked to increased confidence in Donald Trump's election prospects, thanks to his pro-Bitcoin stance.
- **BTC Surge:** After a failed assassination attempt on Trump, BTC jumped 9%, hitting $63,790, and mining stocks rose 10%.
- **Selling Pressure Eased:** German gov't sold its last 50,000 BTC from the Movie2k case, easing market pressure. U.S. BTC ETFs saw $1B net inflows.
- **Mt. Gox Impact:** Repayments from the 2014 Mt. Gox collapse added to market dynamics, with 47,228 BTC moving from cold wallets.
- **Hash Rate & Prices:** BTC rallied 8.7%, hash rate up 2.7%, and hash prices rose 5.2% to $0.049/TH/day.
๐ฌ What do you think about Trump's influence on crypto? Share your thoughts below!