**Bitcoin Soars Amid Trump’s Crypto Endorsement**

Bitcoin has been on a roll recently, with some attributing the surge to a political shift towards the Republican Party ahead of the 2024 U.S. presidential election. On October 15, Republican nominee and former President Donald Trump took to social media, calling crypto "the future" and pledging to make the U.S. a global leader in digital assets.

This marks a significant turnaround for Trump, who once labeled Bitcoin a "scam." Analysts at Standard Chartered even predict Bitcoin could hit $125,000 if Trump wins. With the election nearing, Trump is positioning himself as the pro-crypto candidate, a stark contrast to his past criticisms.