**Bitcoin Surges Past $90,000 Amid 'Trump Trade' Momentum**

Bitcoin has shattered another milestone, breaking above $90,000 on Tuesday, driven by increasing investor confidence in what has been termed the "Trump Trade." According to data from Coinbase, the world’s largest cryptocurrency saw a record-breaking single-day gain on Monday, setting the stage for Tuesday's peak.

The cryptocurrency has soared by 115% this year, more than doubling its January 1 price of $42,000. Bitcoin's remarkable performance has also pushed the total crypto market capitalization to an all-time high of $3.1 trillion, surpassing the previous record of $3.07 trillion set in November 2021.

This surge in Bitcoin and broader digital assets coincides with a wave of optimism following Donald Trump's successful re-election bid last week. Analysts have described Bitcoin and digital assets as high-conviction investments in light of Trump's impending inauguration on January 20. Julien Auchecorne, the head of Auros Ventures, believes the rally is sustainable, bolstered by strong forward signals from the U.S. market.

The S&P 500 has also experienced significant growth, briefly rising above 6,000 points for the first time last week. This increase is driven by a dovish stance from the U.S. Federal Reserve and easing interest rates, conditions that enhance the appeal of risk assets, including cryptocurrencies.

Matt Hougan, Chief Investment Officer at Bitwise, predicts that Bitcoin will breach $100,000 by the end of the year and $200,000 by the close of 2025. Similarly optimistic projections have come from other industry experts, like the global investment management and research firm Bernstein.

Bradley Duke, Bitwise's European Head, forecasts robust growth for the crypto industry in the near future, fueled by a changing political landscape in the U.S. Duke described this period as a "golden age" for the industry, attributing it to the favorable business environment anticipated under Trump's administration.

Many in the market expect the new administration to introduce deregulation and business-friendly policies that will provide significant tailwinds for continued rallies. Additionally, potential regulatory efforts may establish a Bitcoin reserve, protect crypto mining interests, and encourage widespread innovation.

While some risks remain, the bullish sentiment around Bitcoin and digital assets appears deeply established. For now, Bitcoin shows no signs of slowing down.