While Donald Trump‘s presidential election victory in the United States has certainly played a role in Bitcoin’s recent price surge, experts argue that this is not the primary driver. Jesse Myers, co-founder of Onramp Bitcoin,

Bitcoin's recent price surge isn't solely due to Donald Trump’s election win, according to Onramp Bitcoin co-founder Jesse Myers. Myers attributes it to a post-halving supply shock, as April’s halving reduced block rewards,

Bitcoin, the world's largest cryptocurrency, is hitting new records in the wake of president-elect Donald Trump's victory. Trump has promised to soften regulations on digital currency.

Bitcoin's price retreated after briefly surpassing $90,000 (€85,000), coinciding with a widespread selloff in global equity markets, which signals potential liquidation risks ahead of the US inflation data release.