Bitcoin's record-breaking rally approaches $90,000, pushing overall crypto market value above pandemic-era peak. BTC hit all-time high of $89,599, up 32% since US election. Current price: $87,063 as of 7:02 a.m. New York time. Trump's pro-crypto stance driving surge: Promises friendlier regulations Plans for strategic Bitcoin stockpile Aims to boost domestic mining Goal: Make US the global crypto capital Sharp contrast to SEC crackdown under Biden administration. Market dynamics: Total crypto market cap reaches $3.1 trillion Bitcoin options traders betting on $100K by year-end CME futures for BTC and ETH hit record open interest MicroStrategy purchased 27,200 BTC ($2B) in early November 2024 performance: Bitcoin up 110% YTD Outperforming global stocks and gold BlackRock's iShares Bitcoin Trust sees record turnover Analysts warn of potential "digestion" period after steep rise Political landscape: Crypto companies heavily invested in pro-industry candidates Trump's crypto support marks significant policy shift Bitcoin joins other "Trump trades" (US stocks, USD) Focus on economic growth, tax cuts, and protectionist policies #Bitcoin #TrumpEffect #CryptoMarkets #BTC