
- Bitcoin hit a fresh high of $76,849 on Thursday as crypto-friendly candidate Donald Trump won the US presidential election.
- Institutional demand returned with the highest single-day inflow on Thursday since the ETFs’ launch in January.
- Federal Reserve reduces interest rates by 25 basis points on Thursday, favoring BTC bulls.
Bitcoin (BTC) surged more than 10% this week, hitting a new high of $76,849 on Thursday, buoyed by the crypto-friendly candidate Donald Trump’s victory in the US presidential election.
Institutional demand returned this week, with the highest single-day inflow into the US spot Bitcoin Exchange Traded Funds (ETFs), of
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