The price of Bitcoin surpassed $100,000 after Trump’s victory on November 5. This rise was supported by an elevated Coinbase Premium Index, indicating strong demand from investors in the United States.

However, since December 7, the index has started to decline, and the price of Bitcoin has fallen below $94,000. This may be due to the seasonal effects of the Christmas holidays, when trading activity is usually reduced, as well as liquidity issues in the market. Reduced market participation during the holiday season and limited cash flow likely contributed to the price decline.