Why did Bitcoin exceed $80,000 for the first time in its history?

Many ask why Bitcoin exceeded $80,000 for the first time in its history? The reason is Donald Trump’s calls to adopt digital assets with the possibility that Congress will include pro-cryptocurrency lawmakers.

Trump pledged to put America at the heart of the digital assets industry, and America also intends to create a strategic stock of Bitcoin.

The cryptocurrency industry pumped millions of dollars into the US elections. Bitcoin has risen 90% since the beginning of the year.

There is strong demand for US ETFs.



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