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Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec

  • The recent surge in Bitcoin's price is not solely driven by Donald Trump's election victory but also by a post-halving supply shock.
  • The Bitcoin halving in April reduced block rewards, leading to a supply shock and increasing demand.
  • Onchain analyst James Check predicts that Bitcoin, with its scarcity and strong holders, will continue to rise in value.
  • American financier Anthony Scaramucci believes it is still early for Bitcoin and expects more countries and institutions to adopt it.

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