Bitcoin Soars Amid Trump-Driven Crypto Optimism

Bitcoin's price has surged to an all-time high of $93,120, driven by Donald Trump's election victory, rumors of a Bitcoin strategic reserve, and favorable US inflation data. Trading firm QCP predicts Bitcoin could reach $120,000, citing potential government shifts from gold to digital assets and a possible rate cut by the Federal Open Market Committee. However, QCP warns of risks from excessive leverage in altcoins. Other analysts, like VanEck's Matthew Sigel, are also optimistic, projecting Bitcoin could top $180,000 by next year.