Analysis: Bitcoin's first break of $80,000 may be influenced by market optimism about Trump's election
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Odaily Odaily News: Bitcoin may have been boosted by Trump's victory in the election. It broke through the $80,000 mark for the first time, rising more than 4.0% on the day. During the campaign, Trump vowed to make the United States the center of the digital asset industry, including establishing a strategic Bitcoin reserve and appointing regulators who are keen on digital assets. He is in a better position than expected in the election - his Republican Party controls the Senate and is expected to gain a slim majority in the House of Representatives. (Jinshi)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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