Analysis: Trump's optimistic prospects for winning, BTC may rise to $80,000 to $90,000

On November 6th, BTC soared to a record high of over $75,000, surpassing the previous record of around $73,000 set in March. According to The New York Times, although the results in key swing states have not been announced, the odds of Trump winning have risen to nearly 90% on an influential cryptocurrency gambling website. Over the past two years, the Biden administration has actively cracked down on securities violations by encryption companies, raising questions about the industry’s long-term prospects in the United States. During the campaign, Trump promised to end regulatory push and make the United States the “Crypto Capital of the World.” Analysts predicted before the election that if Trump wins, the price of BTC could rise to $80,000 or $90,000.