Victory

Bitcoin

Impact

when

Rise

Matrixport, a leading digital asset platform, recalled in its latest daily chart report that Bitcoin rose significantly following Donald Trump’s primary election victory in November 2016 when Bitcoin was trading at around $700.
<h3 id="bitcoin-could-rise-if-trump-wins-us-elections-matrixport-report-says">Bitcoin Could Rise If Trump Wins US Elections, Matrixport Report Says</h3>
While the report warns that a single historical data point is not enough to establish a trend, market sentiment remains bullish.
Many believe that if Trump secures a second term, he could pursue regulatory rollbacks that could further boost Bitcoin's price.
<h2 id="markets-await-trump-s-victory">Markets Await Trump's Victory</h2>
According to the latest betting markets, Trump's chances of winning the upcoming US presidential election are among the highest in history at 66.5%.
This prospect is fueling speculation that his potential re-election could benefit the crypto sector by easing regulations and encouraging higher institutional adoption.
The report also highlighted that demand for Bitcoin is increasing, with spot Bitcoin ETFs recently recording $800 million in single-day purchases. This increase in ETF inflows is reducing the supply of Bitcoin on exchanges, further intensifying buying pressure.
The recent buying frenzy reflects growing confidence in Bitcoin as a hedge against economic uncertainty, with market participants hoping that regulatory changes or looser fiscal policies under Trump’s leadership could provide further upside momentum for Bitcoin.
As the November 5 elections approach, analysts and investors are closely following political developments, with many positioning themselves for potential gains in the crypto market.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/digital-asset-platform-matrixport-evaluates-the-impact-of-trumps-possible-victory-in-the-us-elections-on-bitcoin-here-are-the-details/" rel="noopener noreferrer nofollow">Digital Asset Platform Matrixport Evaluates the Impact of Trump's Possible Victory in the US Elections on Bitcoin! Here Are the Details</a>

Digital Asset Platform Matrixport Evaluates the Impact of Trump's Possible Victory in the US Elections on Bitcoin! Here Are the Details

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