Bitcoin Soars to Record $95,000 Amid Trump Election

Bitcoin (BTC) has reached a historic high of over $95,000, buoyed by expectations of pro-cryptocurrency policies under President-elect Donald Trump's administration. The cryptocurrency has surged nearly 40% since Trump's election, with traders anticipating a shift towards a more favorable regulatory environment for digital assets. Institutional interest, particularly through successful Bitcoin spot ETFs, has also played a significant role in this rally, contributing to $63 billion in capital inflows over the past month. Analysts suggest Bitcoin could reach $100,000 soon, with some predicting a year-end price of $137,000. The surge reflects a growing confidence among investors in Bitcoin's status as a mainstream financial asset. Trump's potential moves to ease regulation and his pledge to make the U.S. a cryptocurrency hub have fueled this bullish sentiment.