The recent U.S. presidential election, won by the Trump/Vince camp, has sparked a wave of optimism in the digital asset space, signaling a promising future for cryptocurrencies. The election results triggered a strong market reaction, with Bitcoin experiencing a significant price surge, breaking out of a multi-month accumulation phase. November was particularly remarkable, with Bitcoin closing the month with a massive $25,000 green candle—the largest monthly gain in its history.
Currently, Bitcoin’s circulating supply stands at approximately 94%, or around 19.8 million coins, translating to a market capitalization of roughly $1.9 trillion. Looking ahead, market sentiment is overwhelmingly bullish, with key expectations including a breakthrough of the $100,000 barrier. This milestone could prompt long-term holders to realize profits, while fresh retail capital is likely to flood the market, driven by the psychological impact of six-figure pricing. As a result, the bullish momentum is anticipated to continue, reinforcing Bitcoin's dominance in the broader financial landscape.
Currently, Bitcoin’s circulating supply stands at approximately 94%, or around 19.8 million coins, translating to a market capitalization of roughly $1.9 trillion. Looking ahead, market sentiment is overwhelmingly bullish, with key expectations including a breakthrough of the $100,000 barrier. This milestone could prompt long-term holders to realize profits, while fresh retail capital is likely to flood the market, driven by the psychological impact of six-figure pricing. As a result, the bullish momentum is anticipated to continue, reinforcing Bitcoin's dominance in the broader financial landscape.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.