Bitcoin Surges Post Trump Re-Election

Bitcoin continues its bullish momentum, reaching new all-time highs, driven by strong market fundamentals and robust investor confidence. The cryptocurrency's growth is supported by significant investment inflows, as indicated by a rise in Bitcoin’s Realized Cap and low NVT Ratio, suggesting sustainable growth without speculative excess. BlackRock's iShares Bitcoin Trust ETF has surpassed its gold counterpart in assets, reflecting a shift towards Bitcoin as a store of value, especially after Donald Trump's re-election promises favorable crypto policies. The ETF saw record-breaking inflows of $1.1 billion, bolstered by rising Bitcoin prices and increasing investor interest. Analysts and traders remain optimistic, anticipating further gains and a potential broad-based crypto rally.