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Image Credit: Bitcoinik

Bitcoin Surges to Become the 9th Largest Global Asset by Market Cap, Hitting a New All-Time High — $110,000 coming?

  • Bitcoin (BTC) hits a new all-time high of $75,300, reflecting a 17% increase in the past 30 days.
  • The price surge is attributed to Donald Trump's victory in the U.S. presidential election, with expectations of favorable regulatory conditions for the crypto industry.
  • Bitcoin becomes the 9th largest global asset by market cap, driven by the current election cycle.
  • A Cup & Handle pattern on the BTC price chart predicts a potential path to $110,000.

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