Close Menu
Cryprovideos
    What's Hot

    Solana OI Rises to $6.88 Billion: Huge Strikes Forward?

    June 5, 2025

    ZK-Proof Blockchain Altcoin Lagrange (LA) Lifts Off Following Announcement of New Coinbase Assist – The Every day Hodl

    June 5, 2025

    Revenue-taking, not capitulation: establishments lower Bitcoin ETF publicity by 23% in Q1

    June 5, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Trump celebrates Bitcoin surpassing $100k milestone following election win
    Trump celebrates Bitcoin surpassing 0k milestone following election win
    Bitcoin

    Trump celebrates Bitcoin surpassing $100k milestone following election win

    By Crypto EditorDecember 5, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Trump celebrates Bitcoin surpassing 0k milestone following election winTrump celebrates Bitcoin surpassing 0k milestone following election win

    President-elect Donald Trump lauded Bitcoin’s (BTC) record-breaking ascent previous $100,000, congratulated Bitcoin traders on his Reality Social platform, and attributed the milestone to his affect.

    Trump declared that Bitcoin traders are “welcome,” framing the surge as a testomony to his pro-growth insurance policies. He stated:

    “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Collectively, we are going to Make America Nice Once more!”

    Following the US election outcomes on Nov. 6, Bitcoin skilled a collection of all-time highs, culminating in a historic all-time excessive of $104,611 on Dec. 4. Nevertheless, as of press time, the flagship crypto was buying and selling round $98,300 following a retracement.

    Over this era, BTC delivered a staggering 36% return, with market sentiment buoyed by what many merchants and analysts dubbed the “Trump commerce.”

    Trump commerce

    Bitcoin’s rally gained traction in early October after a interval of extended stagnation, pushed by hypothesis surrounding the election’s end result. Merchants and traders started pouring into danger property, together with Bitcoin and US equities, anticipating {that a} Trump victory would catalyze a worth surge.

    This pre-election momentum pushed BTC costs up 20% in only a month. Market analysts responded by revising their forecasts, aligning funding methods with the bullish sentiment spurred by Trump’s political comeback.

    Customary Chartered’s world head of digital property analysis, Geoffrey Kendrick, stated traders can purchase Bitcoin’s dip at $60,000 on Oct. 3, citing Trump’s potential win as a pivotal issue. Kendrick’s name coincided with rising market confidence in a pro-crypto administration.

    VanEck’s head of digital asset analysis, Matthew Sigel, echoed this optimism, elevating the agency’s worth goal for Bitcoin to $180,000 in the course of the present bull cycle. Sigel attributed his bullish outlook to a mixture of institutional demand and the political tailwinds from Trump’s election victory.

    In the meantime, Bitwise CIO Matthew Hougan described Trump’s presidency as heralding a “Golden Age of Crypto.” In a memo launched after the election, Hougan recommended that Trump’s administration may usher in better regulatory readability for the US crypto market.

    Hougan emphasised that Bitcoin’s fundamentals coming into 2024 have been already strong, bolstered by institutional demand following the approval of spot Bitcoin ETFs within the US and the growing adoption of real-world use instances.

    Nevertheless, he famous {that a} pro-crypto authorities may amplify these features, offering the ultimate push to cement Bitcoin’s place as a mainstream asset class.

    Bitcoin Market Information

    On the time of press 8:22 pm UTC on Dec. 5, 2024, Bitcoin is ranked #1 by market cap and the value is down 0.24% over the previous 24 hours. Bitcoin has a market capitalization of $1.94 trillion with a 24-hour buying and selling quantity of $142.94 billion. Study extra about Bitcoin ›

    Crypto Market Abstract

    On the time of press 8:22 pm UTC on Dec. 5, 2024, the full crypto market is valued at at $3.56 trillion with a 24-hour quantity of $355.18 billion. Bitcoin dominance is at present at 54.53%. Study extra concerning the crypto market ›

    Talked about on this article
    Newest Alpha Market Report



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Revenue-taking, not capitulation: establishments lower Bitcoin ETF publicity by 23% in Q1

    June 5, 2025

    Bitcoin Vs Stablecoins: Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

    June 5, 2025

    Bitcoin Hash Ribbons Flashes A Purchase Sign – Lengthy-Time period Alternative Brewing | Bitcoinist.com

    June 5, 2025

    Whale Exercise Triggers Warning for Choose Altcoins Amid Bitcoin Optimism

    June 5, 2025
    Latest Posts

    Revenue-taking, not capitulation: establishments lower Bitcoin ETF publicity by 23% in Q1

    June 5, 2025

    Bitcoin Vs Stablecoins: Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

    June 5, 2025

    Bitcoin Hash Ribbons Flashes A Purchase Sign – Lengthy-Time period Alternative Brewing | Bitcoinist.com

    June 5, 2025

    Whale Exercise Triggers Warning for Choose Altcoins Amid Bitcoin Optimism

    June 5, 2025

    Right here's Who Despatched Ross Ulbricht $31 Million in Bitcoin

    June 5, 2025

    Analyst Willy Woo Unveils Bitcoin (BTC) Path to a Potential 188x Rally – Right here’s His Outlook – The Every day Hodl

    June 5, 2025

    Did a Solo Bitcoin Miner Actually Win a $326,000 Reward? – Decrypt

    June 5, 2025

    Trump Media Information for Fact Social Bitcoin ETF – Bitbo

    June 5, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    This Week in Crypto: XRP Lawsuit’s Jay Clayton, Pi Community’s Ambiguous Migration Roadmap, Zora Airdrop, and Extra

    April 25, 2025

    Coinbase to Delist 4 Cryptocurrencies in June: Particulars

    May 27, 2025

    FDIC says banks can interact in crypto actions with out prior approval

    March 28, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.