Optimistic prospect for Trump's election victory, BTC may rise to $80,000 to $90,000

PANews, November 6th, BTC soared to a record high of over $75,000, breaking the previous record of around $73,000 set in March. According to The New York Times, although the results of the key swing states have not been announced yet, the odds of Trump winning have risen to nearly 90% on an influential Cryptocurrency gambling website. Over the past two years, the Biden administration has actively cracked down on securities violations by encryption companies, casting doubt on the long-term prospects of the industry in the United States. During the campaign, Trump promised to end regulatory push and make the United States the “Cryptocurrency capital of the world.” Analysts predicted before the election that if Trump wins, the price of BTC could rise to $80,000 or $90,000.