Bitcoin Breaks $90K Amidst Trump-Driven Crypto Surge

Bitcoin has surged past the $90,000 mark for the first time, continuing its rapid ascent following Donald Trump's election victory. The president-elect's pro-cryptocurrency stance, including promises of a favorable regulatory environment and a federal bitcoin stockpile, has fueled the rally. Additionally, expected inflation data and potential interest rate cuts have contributed to Bitcoin's rise, with the cryptocurrency now trading at $93,005, marking a 32% increase since early November.