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.