Bitcoin saw its largest monthly candle in crypto history, rising over 40% in November and nearing $100,000, driven by optimism following Donald Trump’s 2024 presidential victory. This surge in investor interest is bolstered by expectations of positive cryptocurrency regulation under Trump’s leadership.
Additionally, official filings revealed that Trump’s social media company is seeking a trademark for software related to cryptocurrency trading and digital wallet services, further fueling optimism in the crypto space. With Bitcoin approaching the six-figure mark, many analysts predict the $100,000 milestone could be reached soon.
Source: Cointelegraph