On November 7th, according to Matrixport's weekly report, bitcoin penetration is approaching the key 8% threshold, and Trump supports or pushes the price to break through.
The report shows that about 7.51% of the world's population (617 million) uses cryptocurrencies, close to 8% penetration. Meeting this threshold could mark a turning point for Bitcoin towards mainstream adoption.
In addition, Trump pledged at the 2024 Bitcoin Conference to include bitcoin in the national financial reserve, support bitcoin mining, and plan to establish an advisory committee to support cryptocurrencies.
At the same time, the Wyoming senator introduced the Bitcoin Act of 2024, which aims to establish a strategic bitcoin reserve and buy 1 million bitcoins within five years.
The report predicts that in this supportive environment, Bitcoin could reach $100,000 in the coming months.
Matrixport: BTC penetration nears 8%, Trump supports or pushes BTC price above $100,000
2024-11-07 10:09:33
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