Bitcoin surges nearly 30% post-election as Trump vows to boost U.S. crypto market

Bitcoin has surged nearly 30% since election day, driven by optimism following Trump's victory and his promise to boost the U.S. cryptocurrency market. The U.S. economy is also showing signs of growth, benefiting Bitcoin and other assets. Currently, Bitcoin is trading around $90,000, with a target of $100,000. Analysts note that the bullish trend remains strong, with no immediate negative factors to reverse it. Upcoming economic reports, including U.S. inflation and jobless claims, may influence market sentiment. However, the focus remains on Bitcoin's upward momentum and potential for further gains.