Two crypto kits buy $ 142 million worth of BTC after Donald Trump’s victory

After Donald Trump won the U.S. presidential election, two new «bitcoin whales» purchased BTC $74,902.65 Mezo Wrapped BTC -1.39% Market capitalization $0.1 billion VOL. 24 hours $0.75 billion for a total of $ 142 million. This was an important indicator of the growing interest of investors in cryptocurrencies.

One of them, with the address «bc1qh,» bought $ 50.4 million worth of bitcoins, while another, «bc1qa,» purchased $ 92 million worth of crypto assets. It is known that «bc1qa» started his BTC purchases a week before the election, expecting Trump to win.

After the election, the price of bitcoin reached a new all-time high of $ 76,400, raising investors' expectations for further growth. According to the forecast of Bitget Research, the market flagship may rise to $ 100,000 by the end of 2024 due to the growth of the stablecoin capitalization, which has reached $ 160 billion.

Financial experts point out that Trump’s coming to power may contribute to a «pro-cryptocurrency» policy, including the development of cryptocurrency innovations in the United States.