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Bitcoin Approaches $90K as Crypto Fans Rally on Trump Presidency

  • The price of bitcoin approached $90,000, driven by enthusiasm for a pro-crypto White House under the Trump presidency.
  • Tesla also surged 40% since the election, as investors expect Trump's interests and allies, including Elon Musk, to flourish.
  • Trump's reelection campaign embraced digital currencies, aiming to tap into the financial resources of the crypto sector.
  • There is speculation that the SEC may take a more hands-off stance on crypto under a new chair appointed by Trump.

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