Bitcoin Surges 50% After Trump’s Reelection: What’s Fueling the Crypto Rally?

Bitcoin has surged nearly 50% since President Trump’s reelection in November, holding strong above the $100,000 mark despite dipping slightly from last month’s all-time highs. Steve Kurz, Head of Asset Management at Galaxy Global, joined a recent conference to discuss the shifting dynamics of the crypto landscape. Here’s what he had to say.

Steve Kurz, a veteran attendee of the conference, couldn’t help but notice the dramatic change in the atmosphere. “It feels a little trite to say this time is different, but it really is,” he said. The event was packed, with standing-room-only crowds for Bitcoin sessions — a clear sign of growing mainstream interest.

Kurz shared a telling story from the night before. While having a drink with his wife, he overheard two crypto skeptics passionately debating why crypto “wasn’t real.” Yet, they knew everything about Solana, Ethereum, meme coins, and even TrumpCoin. “This is very different,” Kurz observed, pointing out how even skeptics are now deeply informed about the space.