In the immediate moments following the resumption of trading post-Nov. 5 U.S. election, Blackrock's Bitcoin ETF recorded an extraordinary $1 billion in trading volume. This surge is expected to influence Bitcoin's price significantly.
Market analysts predict this could lead to a substantial increase in Bitcoin's value, attributing the optimistic outlook to Donald Trump's election win.
The correlation between the presidential election outcome and Bitcoin's market performance underscores the intertwined nature of global politics and cryptocurrency markets.
Source: cointelegraph.com ↗