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Bitcoinsensus
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Donald Trump’s Victory Isn’t the Only Thing Boosting Bitcoin, Analysts Say
- Donald Trump’s victory has contributed to the rise of Bitcoin but it is not the only factor.
- Analysts point to the halving effect and supply shock from buying Bitcoin ETFs.
- More stimulus is likely in the future if the US adopts the Bitcoin Reserve.
- Global trends, such as countries preparing for Bitcoin adoption, could further drive demand.
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