Bitcoin and Altcoins Surge Amid Trump's Election Victory
TL;DR Summary
JP Morgan analysts predict Bitcoin's price will continue to rise for the next eight weeks, driven by a "Trump trade" following a Republican win in the U.S. presidential election. Bitcoin, seen as a hedge against currency debasement and geopolitical tensions, has reached a new high of $76,615. The report suggests that Trump's policies, including tariffs and support for digital assets, could further boost Bitcoin's value.
- 'Trump Trade' Means Bitcoin Could Soar for Eight Weeks, Says JP Morgan Decrypt
- Bitcoin's on track to hit $100,000 after Trump's election victory, analysts say CNBC
- It's not just Bitcoin: 3 'altcoins' also rising on Trump's election win Quartz
- Novogratz Says Galaxy Registers Biggest Trading Day of the Year as Trump Wins Bloomberg
- Trump’s Top 3 Bitcoin Promises And Their Implications Forbes
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