Market Analysis: Bitcoin becomes the king of the "Trump deal" and may rise further

PANews November 6 news, U.S. foreign exchange analyst AlyceAndres said that Bitcoin's more than 8% increase shows that it is indeed the boss of the "Trump deal". As bets on Trump's election as president increased, Bitcoin reached an all-time high of more than $75,000. Republican Bernie Moreno defeated Sherrod Brown in Ohio, which could mean that the price of Bitcoin will hit a new high. Brown has been a critic of the industry, questioning its legitimacy. Meanwhile, Moreno founded a blockchain-based company to digitize car names after establishing a series of car dealerships. In addition, there is a Fairshake political action committee that spent more than $40 million on lobbying in the final weeks of the 2024 U.S. election, after having spent $140 million on dozens of congressional campaigns. Fairshake aims to push candidates from both parties to take cryptocurrencies seriously.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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