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The Money Desk · Blog
Re:

When Did Bitcoin First Pass $90,000 After Trump Won the 2024 Election?

Bitcoin first broke above $90,000 on November 13, 2024, according to Axios. Earlier coverage reported it at $90,000 on November 12; the XAI311T presale claim remains unverified.
From TheFinanceBase Team2 min to read
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Bitcoin first broke above $90,000 on November 13, 2024, according to Axios. The milestone followed Donald Trump’s 2024 US presidential election victory, but reports linking the rally to election expectations describe a market interpretation—not proof that the election alone caused the rise. The claim that an XAI311T presale launched is not verified by the available sources.

When did Bitcoin pass $90,000 after Trump won?

Axios reported on November 13, 2024, that Bitcoin had crossed the $90,000 threshold for the first time. This is the clearest date for the first move above that level in the cited coverage.

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There is a wording distinction behind some headlines. The Block reported Bitcoin trading at $90,000 on November 12. That account places the cryptocurrency at the quoted level a day earlier; Axios identifies November 13 as the first break above it. Reaching or being quoted at $90,000 is not necessarily the same as moving above $90,000.

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What happened to Bitcoin around the election?

On November 6, 2024, as Trump’s victory became apparent, the Associated Press reported Bitcoin at a new record above $75,000. The AP described investor expectations that a Trump administration could benefit cryptocurrencies. In the following week, reports documented the move toward and then above $90,000.

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These are historical price reports from November 2024, not a current quote or a forecast. Bitcoin prices can change sharply and at any time; the AP has also noted the volatility of crypto prices in its reporting on the market.

Did Trump’s victory cause the rally?

Contemporary coverage connected the rally with expectations about the incoming administration’s approach to cryptocurrency. That is a plausible account of what investors were anticipating, but the reporting does not establish that the election was the sole cause of Bitcoin’s price movement.

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The Axios account also situated the advance within a wider market backdrop that included inflation data and expectations about interest rates. A dated sequence—election news followed by a price rise—does not by itself show how much any one factor contributed.

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Did the XAI311T presale launch?

The cited contemporary coverage of the election and Bitcoin milestone does not verify an XAI311T presale. No issuer, official project source, token contract, or presale terms were identified in the available search results. That does not prove that no project exists; it means the launch claim is unsubstantiated here and should not be treated as established fact.

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  • Supports 1000s of Coins & Tokens: Securely handle thousands of assets, including Bitcoin, Ethereum, and more, all in one wallet
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Before considering any token presale, look for independently checkable primary information about who is issuing it, the contract address, sale terms, and how funds are handled. Do not rely on a headline or an unsupported launch claim as evidence that a sale is genuine.

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