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Bitcoin heads for nearly 40% November gain as it edges closer toward $100,000

By CNBC   |   1 year ago
Bitcoin heads for nearly 40% November gain as it edges closer toward $100,000

Investors anticipated Trump's second presidency in November, boosting Bitcoin's value. Trump promised to improve crypto regulation, leading to Bitcoin nearing $100,000. His re-election would bring legitimacy to the crypto industry and impact inflation, dollar's role, and budget deficits, potentially raising Bitcoin's price.

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