Bitcoin (BTC) $76,133 price It has reached its new peak and continues to move up the peaks day by day. At the time of writing, BTC price is above $76,900. The fact that the price, which rose to $ 76,999 a few minutes ago, is still lingering around the ATH level is promising for investors.
Bitcoin Broke a Record
Rising to $77,000 at the time the article was being prepared. Bitcoin (BTC) price continues to multiply its earnings. In just 4 days, BTC increased by roughly 15 percent. The only reason for this is that Trump, who made extremely supportive statements for cryptocurrencies in the environment where interest rate cuts started, became president.
Moreover, while this rise continues, Google search trends and MVRV data show that the cycle peak has not yet been approached. So Bitcoin may have started its six-digit price journey, which has been targeted for years.
Trump won the Senate and with the House of Representatives, he could achieve his promised goal of regulatory clarity on cryptocurrencies. Besides crypto- We will see historic assemblies with crypto-friendly representatives and senators, with the active role of campaign groups in the US elections and millions of dollars in spending.
The boring days of cryptocurrencies are over and now everyone is paying attention to news from Trump. The statements he will soon make on many issues, including the name he wants to see as SEC Chairman instead of Gensler, may serve as intermediate rise triggers and push prices higher.
On the other hand, at the time of writing, the current SEC management made its last anti-crypto decision and NYSE Ethereum $2,916 ETF postponed Options.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.