Bitcoin has recently surged to-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Bitcoin has recently surged to record highs, with its price exceeding $90,000 following Donald Trump’s victory in the 2024 U.S. presidential election. This rally is linked to expectations that the cryptocurrency industry will benefit under a Trump administration, which is perceived as crypto-friendly. During his campaign, Trump advocated for light-touch regulations, promised to replace SEC Chair Gary Gensler, and suggested creating a “strategic bitcoin reserve” to position the U.S. as a leader in cryptocurrency innovation.

Trump’s win also brought more pro-crypto lawmakers into Congress, potentially paving the way for clearer regulations and further adoption of digital assets. This optimism has fueled both institutional and retail investment in bitcoin, amplifying its value.

However, while Trump’s stance has positively impacted sentiment, experts caution that the market remains speculative and volatile. Whether this rally is sustainable depends on the administration’s follow-through on its crypto-related promises.

💰 Stocks to watch today?(20 Dec)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

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