Bitcoin has achieved a new peak, surpassing $75,000, shortly after Donald Trump's election victory. This surge is considered consistent with Bitcoin's historical patterns following halving events.
The halving, which occurs approximately every four years, traditionally leads to increased price action, as it reduces the rate at which new Bitcoins are created, thereby increasing scarcity.
This latest price increase underscores the continued influence of these cyclical events on Bitcoin's market dynamics.
