Bitcoin is nearing the $77,000 mark, fueled by investor optimism following Donald Trump's election victory. This surge is linked to expectations of favorable U.S. economic policies and a potential 25 bps Fed rate cut. On Nov. 7, Bitcoin hit an all-time high of $76,999, with record inflows into Bitcoin ETFs reaching $1.38 billion. Analysts suggest Bitcoin could outperform other risk assets, partly due to Trump's proposed 60% tariff on China. The bullish trend may continue, potentially pushing Bitcoin past $100,000 by the end of 2024, while Ether could also see gains.