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Bitcoin Reaches New Heights with Trump’s Support: Surpasses $90,000

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NEPSE trading

Bitcoin Reaches New Heights with Trump’s Support: Surpasses $90,000

Following President-elect Donald Trump’s commitment to supporting digital tokens and cryptocurrency regulation, Bitcoin, the world’s most popular cryptocurrency, has soared past $90,000, setting a new record. Trump’s vision to make the United States the “capital of Bitcoin and cryptocurrency” has fueled enthusiasm in the market.

  • Bitcoin Surpasses $90,000 Bitcoin reached an all-time high of $91,000 before stabilizing just below this level, setting a new record in the process.

  • Trump’s Cryptocurrency Support During his election campaign, Trump expressed his plan to make America the “capital of Bitcoin and cryptocurrency,” generating optimism and anticipation in the cryptocurrency market.

  • Impact of Previous Policies Trump’s previous term saw corporate tax cuts that increased market liquidity, indirectly encouraging investment in Bitcoin and other cryptocurrencies.

  • Launch of Liberty Financial Trump has announced a plan to launch a new digital currency platform called “Liberty Financial” in collaboration with his sons and other entrepreneurs.

  • Historic Bitcoin Transaction During his campaign, Trump made headlines by becoming the first former president to use Bitcoin for a purchase, buying burgers at a New York City restaurant, which was celebrated as a “historic transaction.”

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