(RightIsRight.co) – In a stunning validation of President-elect Donald Trump’s pro-crypto stance, Bitcoin has skyrocketed over 30% since Election Day, which reached an unprecedented high of nearly $100,000.
As the digital currency surges past $99,000, investors are celebrating the dawn of a new era in American financial dominance, fueled by Trump’s visionary leadership and commitment to making the U.S. the “crypto capital of the planet.”
This remarkable surge is no coincidence but a direct result of Trump’s promises to revolutionize the cryptocurrency sector, ease regulations, and establish a National Strategic Bitcoin Reserve.
The president’s commitment to replacing SEC Chair Gary Gensler, known for his strict stance on crypto regulation, sent a clear message that America is open to the crypto business.
Trump’s vision for a crypto-friendly America is already paying dividends. The January approval of Bitcoin ETFs, coupled with Trump’s re-election, has catapulted Bitcoin’s value by an astounding 150% since November 2023.
“I’m calling it the ‘election dividend,'” James Butterfill, head of research at digital asset management firm CoinShares, said.
He added, “We went from being worried about a Democrat getting elected to what we’ve got: a Republican clean sweep.”
While liberal elites and big government advocates wring their hands, true patriots understand that this surge represents a rejection of socialist economic policies and an embrace of financial liberty.
Moreover, the cryptocurrency industry has faced challenges, including the collapse of FTX and the conviction of its co-founder.
However, under Trump’s guidance, the market is proving resilient, shaking off these setbacks to reach new heights.
Analyst at Wolfe Research Rob Ginsberg stated, “Looking back at previous moves of this magnitude, BTC has historically either gone into a consolidation period, or ignored the overbought condition as investors pile in.”
As Bitcoin approaches the $100,000 mark, it is clear that Americans are witnessing more than just a price increase, they are seeing the birth of a new financial paradigm.
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