Bitcoin recently hit a new record high surpassing the previous peak set back in March. All this is happening while Donald Trump wins the American elections again, which many in the crypto community welcomed, as he’s seen as more supportive of cryptocurrency compared to the tighter policies expected from the Democrats.
Maybe investor confidence is bouncing back. If Bitcoin keeps climbing, it could set the stage for what’s known as an “alt season”, if that were the case then here on Hive we could also have some hope. Experts think Bitcoin’s rise in recent months wasn’t just election-driven, and with politics less in the way, the market could be ready to explore new heights.
Let's see!
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