What's next for Bitcoin and Crypto industry following Trump's victory in US Presidential election

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Bitcoin أخبار

Cryptocurrencies,Technical Analysis

The 2024 US presidential election ended with pro-crypto advocates leading the House of Representatives, the Senate, and Donald Trump as the president-elect.

Bitcoin rose to nearly $76K following Donald Trump's victory in the US presidential election. Several top voices began celebrating the Trump victory as they anticipate a brighter future for the crypto industry. Matt Hougan suggested that BTC might cross $100K this year and soar over $200K in 2025. The results stirred massive celebration across the crypto industry, with Bitcoin and the crypto market rallying following Trump's win.

Key crypto market participants react to Trump's win Several top voices have begun reacting to Trump's second election as President of the United States and all the potential good things it would mean for the crypto industry. Bitwise Chief Investment Officer Matt Hougan suggested that this win has opened up the Golden Age Of Crypto. He further stated that he expects Bitcoin to rise above $100K in 2025. I expect bitcoin to approach $100K this year and $200K in 2025.

 

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