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<p>Fueled by Donald Trump’s vocal support for <strong>cryptocurrencies</strong>, <strong>Bitcoin</strong> has reached an all-time high of <strong>$81,899</strong>, capturing investors’ attention. As the crypto sector continues its upward momentum in 2024, Trump’s pro-crypto stance has brought new life to <strong>Ethereum</strong> and <strong>Dogecoin</strong>, both of which are also on the rise. This rally is attributed to Trump’s promises during his presidential campaign to make the United States a global crypto hub, creating a surge of interest across the digital asset landscape.</p> 
<p><a href="https://www.qubetics.com/?utm_source=TNYR&amp;utm_medium=postBANNER" target="_blank" rel="noopener nofollow"><img loading="lazy" decoding="async" class="size-full wp-image-28237 aligncenter" src="https://www.turkishnyradio.com/wp-content/uploads/2024/11/Qubetics-is-728x90-1-3.jpg" alt="Qubetics is 728x90 1 3" width="728" height="90" title="Trump’s Influence Rockets Crypto Market: Bitcoin Hits $81,900! 46"></a></p> 
<h2 id="trump-s-bold-plans-drive-bitcoin-boom">Trump’s Bold Plans Drive Bitcoin Boom</h2> 
<p>Trump’s vow to ease <strong>crypto regulations</strong> and establish a national <strong>Bitcoin</strong> reserve has excited investors, with many hoping for a friendlier regulatory environment. Trump’s agenda to make America a key player in crypto has set the tone, leading to heightened market activity. In addition, the possibility of a Republican-controlled Congress offers potential for a more flexible regulatory approach, which has buoyed investor confidence.</p> 
<h2 id="impact-on-crypto-beyond-bitcoin">Impact on Crypto Beyond Bitcoin</h2> 
<p>Trump’s support has extended to Ethereum and Dogecoin, both of which have seen notable gains. <strong>Ethereum</strong> recently broke $3,200, a three-month high, while <strong>Dogecoin</strong> surged to a three-year peak. Meanwhile, Trump’s son Eric Trump is set to speak at an upcoming Bitcoin conference in Abu Dhabi, amplifying the visibility of pro-crypto voices and potentially extending the Trump effect on crypto markets.</p> 
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-28523" src="https://www.turkishnyradio.com/wp-content/uploads/2024/11/chart-3-2.jpeg" alt="chart 3 2" width="1644" height="1200" title="Trump’s Influence Rockets Crypto Market: Bitcoin Hits $81,900! 47" srcset="https://www.turkishnyradio.com/wp-content/uploads/2024/11/chart-3-2.jpeg 1644w, https://www.turkishnyradio.com/wp-content/uploads/2024/11/chart-3-2-768x561.jpeg 768w, https://www.turkishnyradio.com/wp-content/uploads/2024/11/chart-3-2-1536x1121.jpeg 1536w" sizes="(max-width: 1644px) 100vw, 1644px"></p> 
<h2 id="regulatory-optimism-under-trump">Regulatory Optimism Under Trump</h2> 
<p>According to City Index analyst Matt Simpson, Trump’s support for crypto brings renewed hope, especially as the potential for easing regulations becomes a reality. Many investors are speculating that <strong>SEC Chair Gary Gensler</strong> could be replaced under Trump, further fueling optimism for a more lenient regulatory stance. This sentiment is reinforced by significant support for pro-crypto candidates in recent elections, with financial backing of over $119 million to pro-crypto political campaigns, leading to the success of crypto-friendly candidates in several states.</p> 
<h2 id="new-crypto-ventures-and-rising-interest">New Crypto Ventures and Rising Interest</h2> 
<p>In September, Trump introduced a new initiative called <strong>World Liberty Financial</strong>, signaling yet another step towards promoting crypto. Though details remain scarce, this announcement, coupled with support from industry influencers like <a href="https://www.turkishnyradio.com/dogecoin-surges-on-u-s-election-buzz-and-elon-musks-hints/" target="_blank" rel="noopener">Elon Musk</a>, has kept investor interest high. These developments suggest that the Trump effect may have long-lasting impacts on the <strong>crypto market</strong>.</p>

Trump’s Influence Rockets Crypto Market: Bitcoin Hits $81,900!

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