Trump 2.0 is on the rise! Bitcoin has 4 key advantages, challenging $100,000 in the short term
With expectations that President Trump will return to the White House, Bitcoin recently soared to a historic price of $93,000. Experts point out that factors such as Trump's trading policies, the legalization of Bitcoin spot ETFs in the U.S., major institutions setting high target prices, and U.S. Senator Cynthia Lummis's suggestion to 'sell part of the gold reserves for Bitcoin' have driven prices to remain high, with a short-term challenge to break the $100,000 barrier.
According to Binance's quotes, around 11 PM Taipei time on the evening of the 18th, Bitcoin briefly returned to the $90,000 mark, quoted at $90,318.98, with a daily increase of $28.23 or a slight rise of 0.03%.
Experts indicate that the global cryptocurrency market is experiencing a wave of significant bullish events in 2024, from the Bitcoin (BTC) halving at the beginning of the year that reignited the bull market, to the successful approval of the first Bitcoin spot ETFs in the U.S., and finally to Trump's victory in the presidential election in November, bringing the market to a peak of policy expectations.
Bitcoin's price has surged, recently breaking $93,000, creating a sense that the predicted $100,000 barrier at the beginning of the year is 'just around the corner.' This series of historic events has not only boosted market confidence but also marks a further step for cryptocurrencies toward mainstream financial markets.
#Marvin The Musk concept meme, the dog most beloved by Elon, everything related to him is soaring. Just look at the squirrels to know, especially since Musk has a greater influence on the world now. #MARVIN Not only related to Musk, but also a highly visible dog; this bull market will definitely take off! #MARVIN
