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Bitcoin has surged past $80,000 following bullish remarks from former US President Donald Trump, sparking optimism among investors. The cryptocurrency’s rally mirrors a similar market response seen during Obama’s presidency, raising questions about a potential long-term bullish cycle. Meanwhile, Bitcoin’s network fundamentals remain strong, with record-high hashrate and mining difficulty.
- Bitcoin's price surged past $80,000 following bullish comments from Donald Trump, sparking investor optimism.
- Analysts compare the current market reaction to Obama's 2009 remarks, which preceded a multi-year stock rally.
- Bitcoin's network fundamentals remain strong, with record-high hashrate and mining difficulty despite price volatility.
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