Trump’s election win sparked a surge in searches, indicating increased retail investor interest in the digital asset.
Since the victory of United States President-elect Donald Trump, interest in cryptocurrency has spiked, with Bitcoin surging to all-time highs as his campaign promised to support the crypto industry.
Market observers say the spike in search interest and inflows suggest renewed interest among retail investors and a potential wave of new buyers ready to enter the crypto market.
Ryan Chow, co-founder and CEO of Bitcoin (BTC) staking platform Solv Protocol, told Cointelegraph that Trump’s victory is a “major catalyst for launching the next bull market.”