Bitcoin’s Rumble After Trump’s Win
When President‑Elect Donald Trump secured a landslide lead in the electoral college, the crypto world didn’t just celebrate the political fireworks—Bitcoin took a massive leap forward, too.
Why the Crypto Field is Buzzing
Finbold’s latest research shows:
- Over 11,487 fresh Bitcoin addresses now hold a cool $1 million or more within the past month.
- That surge ties neatly into the 7.5% rally since the Trump victory became clear.
- Right now, there are 132,842 addresses with holdings above $1 million.
Breaking it down:
- 121,126 addresses boast between $1 million and $9.99 million.
- 11,697 wallets are holding $10 million or more.
Crunching the Numbers
The analysis compared Bitcoin’s pre‑election landscape on October 7, 2024 (retrieved via the Wayback Machine) with post‑election stats from November 6, 2024. The jump is clear—these numbers speak louder than any campaign slogan.
Bottom Line
Trump’s electoral win sent a ripple through crypto investors, turning Bitcoin from a quiet contender into a roaring sensation. For anyone watching the market, it’s a reminder that politics and crypto can be a powerful cocktail—one that’s made the coin shine brighter than ever.
Will the Trump Bitcoin rally continue long-term?
Bitcoin’s Roller‑Coaster Ride: Will the New President Help the Crypto Cash!
Fast‑enough for a weekend brunch? Not quite. Bitcoin still keeps its investors on their toes even after the election buzz faded.
What’s the Story?
When the political stage got a clear winner, the crypto world broke out into a frenzy and BTC shot to a fresh all‑time high of $75,358. That spike gave a big thumbs‑up to those hoping for a steady climb. Yet, as Jordan Major points out, the price is still a minefield:
- High volatility persists even after the final votes.
- It’s been dancing wildly over the last day.
- Many traders are now eyeing locking in gains from the recent surge.
Why Bother With the E‑lection?
The big question: does the new administration even matter to the crypto market? Well, history says the markets adore a clear hand—and that’s exactly what the election delivered. Bitcoin responded by hitting a new high, which is a sign that investors see a brighter future.
Getting a Glimpse of the Future
The experts are optimistic: another quick spike could happen right after the new President takes the oath on January 20, 2025. Even if tomorrow’s headlines don’t say “party time,” BTC could still be on a rock‑and‑roll rise.
Bottom line: Bitcoin’s price may be as unpredictable as a toddler who just discovered chocolate. But when the politics settle, there’s a good chance the crypto will keep climbing.
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