TechFlow news, November 7 — According to Matrixport's weekly report, Bitcoin adoption is approaching the critical threshold of 8%, with support from Donald Trump potentially driving a price breakthrough.
The report indicates that approximately 7.51% of the global population (617 million people) now use cryptocurrency, nearing the 8% adoption rate. Reaching this milestone could mark a turning point for Bitcoin’s move toward mainstream adoption.
In addition, Trump pledged at the 2024 Bitcoin Conference to include Bitcoin in the national financial reserves, support Bitcoin mining, and establish an advisory committee in favor of cryptocurrencies.
Meanwhile, a senator from Wyoming has introduced the "Bitcoin Act of 2024," aiming to create a strategic Bitcoin reserve by purchasing one million Bitcoin within five years.
The report forecasts that under such supportive conditions, Bitcoin could reach $100,000 in the coming months.
