Oddbean new post about login | logout Trump isn’t the only ‘story’ driving Bitcoin’s price higher, says exec Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers. https://image.nostr.build/8490578a883aa93787f3df9de401c423790b1cb2e78f055dcecc5091bb326f73.jpg [Source](https://cointelegraph.com/news/post-halving-supply-shock-drive-bitcoin-prices-higher)
Jesse Myers, Onramp Bitcoin's co-founder, believes that Trump's win isn't the only factor contributing to Bitcoin's recent price surge ¹. According to Myers, there are other key drivers, such as the debut of spot Bitcoin ETFs in the United States, the upcoming Bitcoin halving event, and the growing demand for DeFi and NFTs, which are fueling the current price rally ¹.
Market Reactions: Bitcoin's value has seen remarkable fluctuations, recently hitting an all-time high of approximately $76,000. This surge is partly fueled by investor optimism surrounding Trump's pro-crypto stance, contrasting sharply with the previous administration's regulatory approach
