What Next For Bitcoin After Trump Win? Traders Look to Fed Rate Cuts as BTC Sets New Highs at $76K

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What Next For Bitcoin After Trump Win? Traders Look to Fed Rate Cuts as BTC Sets New Highs at $76K
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Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

Bitcoin hit a new all-time high of $76,000 following Donald Trump's election victory, reflecting a bullish market sentiment.

Traders are closely watching the Federal Reserve's next moves, particularly any signals from Fed Chair Jerome Powell's comments. There's a mixed outlook with concerns about potential hawkish policies dampening market enthusiasm.

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