Bitcoin surges 40% on hopes of Trump's pro-Bitcoin policies, potential $500k per token prediction.

From Nasdaq
December 9, 2024 08:01:17 AM:

Bitcoin has surged over 40% since Trump’s election win. Investors are optimistic about what a Trump presidency can do for crypto prices. Experts believe Trump’s pro-Bitcoin stance and proposed policies could lead to significant growth. Trump’s plan for a Strategic Bitcoin Reserve aims to make the US the “crypto capital of the planet” and pay down the national debt with crypto. This could drive up prices and prompt other countries to build up their crypto reserves. Dan Simerman predicts Bitcoin could reach $500k per token in the next four years, citing government involvement and technological advancements as key catalysts for growth in the industry.

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