Bitcoin Reaches New Heights with Trump’s Support: Surpasses $90,000
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NEPSE trading
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.”