Bitcoin has hit a new all-time high of $75,350, surging 10.5% after Donald Trump's victory in the 2024 U.S. presidential election. Despite the rally, traders remain cautious due to past price struggles and upcoming U.S. Federal Reserve decisions on interest rates. The market shows strong fundamentals, with Bitcoin futures premiums rising to 12%, indicating optimism. However, skepticism persists as investors weigh potential impacts of Trump's policies and U.S. monetary shifts. Bitcoin options markets reflect moderate optimism, suggesting the market might need time to adjust to these new levels.