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The post <a href="https://coinpedia.org/news/bitcoin-price-surges-2-as-pro-bitcoin-president-wins-in-argentina-presidential-election/">Argentina’s New Pro-Bitcoin President Sparks Crypto Rally; Price Up By 2%!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
Argentina is buzzing with excitement as <a href="https://coinpedia.org/crypto-live-news/javier-milei-wins-argentinas-presidential-election-bitcoin-price-surges/">Javier Milei</a>, a far-right libertarian outsider, secures victory in the presidential election. The impact? <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin (BTC)</a> shoots up by 2%, crossing the $37,200 mark. 
The crypto community is thrilled about Milei’s win. He’s a big fan of Bitcoin and doesn’t hold back on slamming central banks, calling them a scam. As the votes hit 99%, Javier Milei is declared the winner with a whopping 55% of the votes. That’s nearly 3 million more than his closest competitor! 
Milei takes office on December 10, and the crypto world is curious to see what he’s got up his sleeve. 
<h2 class="wp-block-heading" id="h-hope-for-change">Hope for Change?</h2> 
Argentina is dealing with high inflation—140% annual rate for the peso. Many think Milei’s win could mean a change, as he bashes the central bank and backs Bitcoin as protection from inflation. 
Though Bitcoin isn’t official money yet in Argentina, Milei’s victory raises hopes for a shift in how the country handles money. 
Also Read: <a href="https://coinpedia.org/news/crypto-boom-how-argentina-surpassed-el-salvador-in-bitcoin-adoption/">Javier Milei’s Battle for a Pro-Bitcoin Future in Argentina – Here’s How It’s Going</a> 
<h2 class="wp-block-heading" id="h-bitcoin-bulls-charge-ahead">Bitcoin Bulls Charge Ahead! </h2> 
As Bitcoin gears up for the <a href="https://coinpedia.org/price-analysis/bitcoin-btc-price-may-not-break-previous-ath-ahead-of-halving-heres-why/">next halving</a>, renowned analyst Ali Martinez predicts a bullish trajectory, with some forecasting a 700-day bull run until October 2025.&nbsp; 
Further another well-known crypto analyst Captain Faibik anticipates a potential surge to $50,000 before the fourth halving, given the current horizontal range as per the <a href="https://coinpedia.org/price-analysis/bitcoin-halving-prediction-btc-price-to-hit-this-level-before-the-halving-event/">report from Coinpedia</a>.&nbsp; 
Read More: <a href="https://coinpedia.org/price-analysis/bitcoin-halving-prediction-btc-price-to-hit-this-level-before-the-halving-event/">Bitcoin Halving Prediction: BTC Price To Hit This Level Before The Halving Event</a> 
Currently around <a href="https://markets.coinpedia.org/bitcoin/?_gl=1*amura5*_ga*NDYwNDc5NTgwLjE2NzEwMjA1ODU.*_ga_RE1GG3FGQW*MTcwMDQ2NzY0NS4zMi4xLjE3MDA0NzM5MTYuMzUuMC4w&amp;pk_vid=7e25d7ae731ac2621700473917096f64">$37,117</a>, Bitcoin’s movements are closely monitored for potential altcoin breakouts.&nbsp; 
What are your hopes for Argentina’s future under Milei’s leadership?

Argentina’s New Pro-Bitcoin President Sparks Crypto Rally; Price Up By 2%!

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