Bitcoin breaks another record, soaring past a new high of $75,000! Is this the effect of Trump becoming the 47th US President? 🤔

- Trump's victory is considered a major victory for the crypto industry. The Coinbase Premium Index is soaring, indicating increased demand for Bitcoin in the US.

- What is the Coinbase Premium Index? It is the difference between Bitcoin prices on Coinbase and Binance. A positive number indicates strong buying pressure from US traders and institutional investors.

- QCP Capital is optimistic that Bitcoin's bullish momentum will continue to be strong until 2025. Since 2009, every election cycle has been followed by a rise in the price of Bitcoin to new highs.

- Traditional markets are also affected. The dollar rose 1.2%, and bond yields rose, reflecting investor optimism.

What do you think about the future of Bitcoin? Let's discuss in the comments column!