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Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand

  • Bitcoin has surged to new all-time highs, reaching $76,500, following Donald Trump’s victory in the US elections.
  • The Coinbase Premium Index turned positive for the first time since October 18th, signaling a shift in market dynamics and increased buying interest in the US market.
  • The surge in demand suggests Bitcoin’s bullish momentum may only be beginning, with expectations of continued upward pressure.
  • The next few weeks will be pivotal as market participants await further developments, including the Federal Reserve’s decision on interest rates, which could impact Bitcoin’s next moves.

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