【Trump's Election Outlook Optimistic, Bitcoin May Rise to $80,000 to $90,000】

With Trump's election, the more than 8% increase in Bitcoin indicates that it is indeed the leader of the 'Trump trade.' As bets on Trump's election as president increased, Bitcoin reached a historic high of over $75,000.

Morey #US election has spent $14,700,000,000# After establishing a series of car dealerships, he founded a blockchain-based company to digitize car titles. Additionally, there is a Fairshake political action committee, which spent over $40 million on lobbying in the final weeks of the 2024 US election, having already spent $140 million in dozens of congressional campaigns. Fairshake aims to push bipartisan candidates to take cryptocurrency seriously.

Bitcoin surged to a record high of over $75,000, breaking the previous record of about $73,000 set in March. According to the New York Times, although the results in key swing states have not yet been announced, the odds of Trump winning have risen to nearly 90% on a prominent cryptocurrency website. Over the past two years, the Biden administration has actively cracked down on securities violations by crypto companies, raising questions about the industry's long-term outlook in the US. During the campaign, Trump promised to end regulatory pushes and make the US the 'cryptocurrency capital of the world.' Before the election, analysts predicted that if Trump wins, Bitcoin's price could rise to $80,000 or $90,000.