<ul><li>Bitcoin has been surging since Donald Trump’s surprising win, rising by 21% in the last 7 days and hitting a new all-time high.</li><li>While many credit Trump's win as the reason for Bitcoin's success, others believe the recent surge is due to the supply shock caused by the Bitcoin halving that occurred 6+ months ago.</li><li>Jesse Meyers, co-founder of Onramp Bitcoin, explained that there is not enough supply available at current prices to meet the growing demand, leading to a need for supply-demand equilibrium.</li><li>Prominent analysts like Anthony Scaramucci predict long-term growth for Bitcoin, citing factors such as the US setting up a Bitcoin reserve and the limited number of Bitcoins left to be mined.</li></ul>

Trump Not Sole Driver of Bitcoin Price

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