Bitcoin Soars to a New All-Time High ๐Ÿš€

In the early hours of Wednesday, Bitcoin reached a historic milestone, hitting a new all-time high of $75,361.09! This leap shattered its previous record of $73,750 from March, as markets reacted to a Trump election victory.

This excitement wasn't limited to BTC aloneโ€”altcoins surged across the board, driving the total crypto market cap toward an impressive $2.5 trillion for the first time. Trump, who pledged to be Americaโ€™s first pro-crypto president, laid out policies designed to attract Bitcoin enthusiasts.

Among his promises were bold moves, like the immediate replacement of SEC Chair Gary Gensler and a call for the Treasury to treat seized crypto assets as a national strategic reserve. Trump even suggested that he wants all remaining Bitcoin to be mined within the U.S., alongside hinting at ambitions to influence interest ratesโ€”a potential clash with the Federal Reserve.

With a "red wave" solidifying his support, Trumpโ€™s ambitious plans for crypto are more achievable, though concerns remain that his broader economic policies might pose risks to BTC's long-term value.

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