Institution: Bitcoin reaches a new all-time high in the "Trump trade"

ChainCatcher news, according to Jinshi reports, the UK financial services company Hargreaves Lansdown stated that Bitcoin has risen to a new all-time high, as it continues to benefit from the more favorable policy outlook for cryptocurrencies under the newly elected U.S. President Trump.

The agency's analyst Susannah Streeter stated in a report: "Bitcoin speculators are betting on a more lenient regulatory environment and expect that authorities may establish a reserve cryptocurrency fund to help boost ongoing demand." Trump has vowed to make the U.S. the world's cryptocurrency capital. According to LSEG data, Bitcoin reached a high of $82,527.