#has surged to a new all-time high of $105,004, driven by multiple market factors, including the influence of President-elect Donald Trump’s policies on financial markets. The cryptocurrency gained 3.5% in a single day and has climbed over 140% this year, with a 15% increase in the past 30 days, according to CoinGecko data.The broader cryptocurrency market has also experienced an upswing since Trump’s election victory in early November. His campaign’s promises to position the U.S. as "the crypto capital of the planet" have fueled optimism among investors, despite uncertainty about the implementation of proposed policies.
Lucas Schweiger, Digital Asset Research Manager at Sygnum, commented on the situation, stating that while some view Trump’s statements as political posturing, the developments have undeniably created momentum for the crypto market.
With Bitcoin continuing its impressive rally, analysts remain focused on how Trump’s presidency might shape the future of digital assets and the broader financial landscape.
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