HawkInsight

  • Contact Us
  • App
  • English

Matrixport: BTC penetration rate is close to 8%, Trump supports or promotes BTC price to exceed $100,000 "

On November 7, according to Matrixport's weekly report, Bitcoin penetration is close to the key 8% threshold, and Trump supports or promotes a price breakthrough. The report shows that approximately 7.51% of the world's population (617 million people) use cryptocurrency, a penetration rate close to 8%. Reaching this threshold could mark a turning point for Bitcoin to move towards mainstream adoption. In addition, at the 2024 Bitcoin Conference, Trump promised to include Bitcoin in the national financial reserve, support Bitcoin mining, and plans to establish an advisory committee to support cryptocurrencies. At the same time, the Wyoming senator proposed the Bitcoin Act of 2024, which aims to establish a strategic bitcoin reserve and purchase 1 million bitcoins within five years. The report predicts that in this supportive environment, Bitcoin could reach $100,000 in the coming months.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More