Reported 13 days ago
Bitcoin's price surged past $82,000 following Donald Trump's reelection victory, with expectations of pro-crypto legislation as the Republican Party gains control of the Senate. While the cryptocurrency has seen over 80% growth this year, analysts caution about potential volatility and market corrections. Trump's proposed crypto agenda includes deregulation and creating a strategic bitcoin reserve, but experts warn that profit-taking and portfolio adjustments could lead to price fluctuations.
Source: YAHOO