Cryptocurrency market booms due to Trump’s victory, Bitcoin crosses $75,000 for the first time

New Delhi. Due to the possible victory of Donald Trump in America, the cryptocurrency market is witnessing a stormy boom. Bitcoin has crossed the $75,000 mark for the first time. Bitcoin investors believe that Trump’s policies are more favorable for the cryptocurrency market. He believes that if Trump comes to power, the price of Bitcoin will rise further.

Donald Trump has repeatedly talked about making America a crypto capital in his election rallies. With this, he tried to attract cryptocurrency investors, especially the youth. Along with Trump, his staunch supporter and Tesla owner Elon Musk also likes cryptocurrency. The number of people investing in cryptocurrencies in America is about 16 percent of the total population, which obviously has the power to have a big impact on the election results.

Source : palpalindia
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