Bitcoin price surges over $90,000 after U.S. election results

Bitcoin's price has surged over $90,000 following the recent U.S. election, marking a 34% increase since election day. Analysts suggest this rally signals the start of a crypto bull market, encouraging investors to reconsider their approach to cryptocurrencies. The election of Donald Trump has created a favorable environment for crypto, with increased support from prominent figures like Elon Musk. This shift has led conservative investors and pension funds to explore Bitcoin as a viable asset class. There are discussions about treating Bitcoin as a strategic asset, with proposals to build national reserves. Some believe that other countries are also buying Bitcoin in anticipation of U.S. government purchases, further fueling the current market excitement.