Overview

• Bitcoin's price has surpassed $90,000, marking a new all-time high following Trump's election victory.
• Analysts predict Bitcoin could reach $100,000 by Inauguration Day, driven by expectations of a more crypto-friendly administration.
• Trump's promises to support the crypto industry include forming a crypto advisory council and creating a Bitcoin strategic reserve.
• The Republican-controlled Congress is expected to advance pro-crypto legislation, potentially increasing institutional adoption.
• The crypto market has seen a substantial boost, with the overall market cap exceeding $3 trillion for the first time.