After a short -term suspension, on Wednesday, the US transaction time, Trump won the rising cryptocurrency in the U.S. presidential election to re -get the motivation. exceeded the important mark of US $ 90,000, and continued to rise since then, the daily increase of 8.6%to $ 9,3300, refreshing a record high.
The market value of the top digital currency rose across the board.
Musks supporting dog coins skyrocketed by more than 16%a day.Dog coins are one of the most powerful currencies in the cryptocurrency field in the near future.After supporting Trump to win the US presidential election, on November 12, local time, Trump announced that Musk would become one of the leaders of the Trumps "Government Efficiency Department" (Doge) plan.The first letter abbreviation of the department is obviously the first of the dog currency.
In terms of cryptocurrency concept stocks, BTC Digital rose more than 71%, twice the double Bitcoin ETF approximately 6.3%, Bitcoin ETFAmong them, BTCW rose 3.3%and ARKB rose more than 3.1%.
According to data from the derivative exchange exchange, the betting period is concentrated in Bitcoin to $ 100,000.
At the beginning of this week, the inflow of the US spot Bitcoin ETF exceeded $ 1 billion.
Wall Street generally believes that Trump promises to fully invest in the cryptocurrency field, which has made the price of Bitcoin reach a new height.Trump vowed to turn the United States into the capital of the world cryptocurrency.Bitcoin speculators will be more loose in betting on the supervision environment, and it is expected that the authorities may establish a cryptocurrency reserve fund to help boost continuous demand.
Galaxy Digital CEO Michael Novogratz said people have to sell long -term bonds in the bond market.Bitcoin prices may rise to $ 500,000.Bitcoin should be in gold within ten years.Bitcoin becomes low possibility of reserve assets.The US dollar international reserve currency status does not need to be supported.
Analysis pointed out that the relatively mild leverage of the cryptocurrency market reduces the risk of significant callbacks.The market breathing is likely to be short -lived, and the wind is still strong.
But there is no shortage of doubt in the market.Some industry insiders have pointed out that although the possibility of further rising is not ruled out, there are already many good news to be included in the price of Bitcoin.In addition, the US Treasury yields and the US dollar are rising, and relatively high lending costs are not good for risk assets such as cryptocurrencies.
