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Team Alpha Impact

All, Beginner, Crypto 10105 Dec 2024
Bitcoin Price Hits $100K Over Trump’s Crypto-Friendly Policies

Bitcoin Price Hits $100K Over Trump’s Crypto-Friendly Policies

SINGAPORE, December 05, 2024 – The price of BTC has been constantly rising since the US election results and reached $100,000 for the first time this Wednesday.

This is a historic milestone both for the world’s largest cryptocurrency and millions of crypto investors worldwide who have been waiting for this moment.

The most obvious reason for this unprecedented surge in the crypto market is Donald Trump winning the US presidential election last month. Trump, known for his positive attitude towards cryptocurrencies, has recently announced his new cabinet, which includes Paul S. Atkins as the head of the US Securities and Exchange Commission. Atkins is a cryptocurrency advocate and a strong supporter of blockchain technology.

This, and other crypto-friendly developments, has led to the Bitcoin price soaring by over 50% since Nov. 5.

Bitcoin, famously known as the father of all cryptocurrencies, is the most prominent and trusted digital currency and one with the biggest market cap of all. The recent surge has also helped the digital currency reach the $2 trillion market cap for the first time.

Trump, once a crypto-sceptic, has lately changed his views about digital assets and even showed interest in creating a U.S. bitcoin “strategic reserve” similar to those for gold and oil. While attending the Bitcoin Conference in Nashville, Tennessee this year, Trump praised the crypto community for its innovation and even promised to make the U.S. the crypto capital of the world if he got elected again.

If you have been planning to start your crypto journey, there has never been a better time. Alpha Impact is a powerful and secure crypto trading platform with innovative tools such as copy trading to help boost profits.

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About Alpha Impact

Alpha Impact is a non-custodial, technology platform building social infrastructure and integrates with Interoperable Real-World Signals.

Our Interoperable platform provides real-time trade signals, comprehensive cross-exchange portfolio analytics, risk management, and copy trading. This empowers signal providers to monetise their expertise and actionable insights through a social community.

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Alpha Impact Update

Thank you to everyone who was part of the Alpha Impact journey.

After several years building one of the early automated crypto copy trading platforms, Alpha Impact has ceased operations and the platform is no longer available.

Founded in 2020, Alpha Impact was a venture-backed fintech startup that built a cloud-native and hybrid-Web3 trading platform integrating multiple cryptocurrency exchanges, on-chain wallets, real-time portfolio analytics, automated trade execution, and AI-powered trader intelligence. Over its lifetime, the platform processed more than $100 million/year in trading volume, serving thousands of traders.

Although the company is now dormant, we’re proud of what we built and grateful to our community, investors, partners, and team members for their support throughout this journey.

Security Reminder: Alpha Impact will never ask for your seed phrase, private keys, passwords, or request that you transfer assets to another website, platform or wallet.

— The Alpha Impact Team