Bitcoin reached a new all-time high of over $90,000 this week, driven by increased cryptocurrency purchases after the 2024 elections. Analysts attribute the rally to President-elect Donald Trump's perceived pro-crypto stance, with predictions that Bitcoin could reach $100,000 by Inauguration Day. The market expects a favorable regulatory environment for digital assets under a Trump presidency. While Trump's victory has fueled the recent increase, experts believe that the long-term outlook for cryptocurrencies remains positive regardless of political leadership. Analysts also note that there is still significant room for adoption and expansion of cryptocurrencies in the market.



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