$BTC To be honest, I was quite surprised to see the news of Trump embracing Bitcoin. Back in the day, he was quite critical of Bitcoin, calling it 'a worthless currency', and now he's done a complete 180, starting to accept Bitcoin donations!
I think there are several key reasons behind this. First, I have to admit that the influence of Bitcoin has indeed become significant. Look, Wall Street giants like BlackRock and Fidelity have entered the market, launching Bitcoin ETFs, which has directly promoted the popularity of Bitcoin. Moreover, the scarcity of Bitcoin is evident; the total supply is only 21 million coins, and once they are mined, there will be no more. This scarcity, combined with the ever-increasing market demand, has driven its value up.