The logic behind the recent surge in BTC can be attributed to the following points:
Trump's winning rate rises: As Trump's chances of winning increase, many off-market funds are waiting for the legalization of cryptocurrencies, and this year is destined to be the first year of BTC.
BlackRock's view: BlackRock's CEO said that it doesn't matter who dominates the White House for Bitcoin, because Bitcoin is an asset class that can transcend global politics, which injects confidence into the market.
Expectations of Fed rate cuts increase: The market's expectations for the Fed's rate cuts are getting stronger and stronger, and this signal is almost a foregone conclusion.
Mt. Gox tokens postponed the market crash: The Mt. Gox tokens that were originally planned to be smashed this year have been postponed to next year, which also relieved the pressure on the market.
