This is Doc, welcome to Thursday’s edition of Crypto Daily Alpha! Yesterday, Bitcoin reached an all-time high of $76,505 before experiencing a slight correction, with BTC/USD currently hovering at $74,702. With market volatility up and Trump’s election win creating waves across the crypto space, this edition covers crucial developments, from project updates to regulatory insights. Oz will join us later with his Market Daily Alpha. For now, let’s look at today’s top stories.

Special Section: Trump’s Election Win and Implications for Crypto

Trump’s Election Victory Brings Potential Shifts for U.S. Crypto Landscape
Following Trump’s election win, discussions are intensifying around his potential impact on the U.S. crypto industry. Analysts suggest that Trump’s administration may adopt a more pro-crypto stance, with speculation surrounding policies such as the proposed “Bitcoin Act” aimed at supporting digital currency adoption. Trump’s win could signal increased scrutiny of regulatory frameworks, possibly influencing leadership at the SEC and driving momentum for crypto-friendly policies. The market is closely monitoring these developments, particularly as industry advocates speculate on policy changes that could accelerate crypto innovation in the U.S.

Bitcoin Reaches New ATH of $76.2K, Short Positions Squeezed
Bitcoin’s surge past its previous all-time high to $76,626 highlights the impact of Trump’s election on market sentiment, with over $75 million in short positions liquidated as prices spiked. This bullish move, driven by expectations of a supportive administration, reflects investor optimism and potential for future price gains. The event is not just a milestone; it sets a new psychological level, bringing the spotlight on crypto’s resilience and potential amid shifting U.S. political landscapes.