Crypto's Meteoric Rise: Trump, Bitcoin Mining, and Institutional Moves
In this episode of Crypto Deep Dive, we explore the impressive surge in the cryptocurrency market, triggered by the recent election of Donald Trump. Bitcoin has approached a new all-time high close to $90,000, pushing the total market capitalization beyond $3 trillion. This growth is fueled by Trump's pro-crypto stance, including his ambitious plan to make the U.S. a leader in Bitcoin mining. We also examine how institutional players like MicroStrategy and BlackRock are amplifying their investments through direct purchases and ETFs. Lastly, we dive into Coinbase’s new index, COIN50, aimed at tracking over 50 digital assets to attract institutional investors in emerging markets.
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