Bitcoin is experiencing a surge in investor confidence following the US elections, with the potential to reach $77,000. This optimism was evident as a spot Bitcoin ETF saw net inflows exceeding $1.37 billion shortly after Donald Trump's victory.
The renewed interest in Bitcoin can be attributed to the optimism surrounding economic policies under the new government. Investors seem to anticipate favorable conditions for cryptocurrency investments, leading to the massive influx into the ETF.
Source: cointelegraph.com ↗