Bitcoin rally: Trump victory catapulted course over $ 81,000!

Bitcoin rally: Trump victory catapulted course over $ 81,000!

New York, USA - New York (dpa) - Bitcoin is on record course! After the overwhelming jump over the 80,000 US dollar brand at the weekend, the oldest and best-known cryptocurrency shot at almost $ 81,900 today. An incredible increase, which has meant more than a doubling of the value since the annual low of $ 38,500 in January!

The reason for this spectacular climb? Donald Trump's victory in the US presidential election last week! The Bitcoin benefited enormously from this political event and has since increased by around 18 percent. Other cryptocurrencies such as Ether and Solana are still in great demand. Trump, who was skeptical about Bitcoin during his first term, has now actively tried to leave the crypto community and promises to largely unregulate the cryptoma market.

Trump and the crypto community

At a large Bitcoin conference in Nashville, Trump promised to ensure cheap electricity to make Bitcoin mining easier. Analyst Timo Emden from Emden Research emphasizes that the presence of cryptocurrencies in the US election campaign underlines the growing importance of this asset class. The recent increase in the Bitcoin course shows that more and more private investors are participating in this rally and feeding them with new dynamics.

The market has developed an own dynamic that drives the rally every day. Investors are concerned about missing the chance of winnings, and that continues to feed the house. Bitcoin is not just a currency, but a phenomenon that turns the financial world upside down!