Point of View: One of the reasons for Bitcoin's recent rise is that investors are seeking alternatives to U.S. assets
According to reports, due to concerns about U.S. fiscal policy and poor performance in Treasury auctions, combined with Trump's attempt to push for comprehensive spending and tax cuts leading to a decline in the dollar, Bitcoin reached an all-time high of over $110,000 this Thursday. Part of the reason is that investors are looking for alternative options to U.S. assets. At the same time, this also signals that the cryptocurrency bull market still has room for growth, including a general recovery in the stock market, funds reinvesting in Bitcoin ETFs, and an increasing number of publicly traded companies holding Bitcoin.