It's easy to credit it to Donald but it is far from the truth. The market is where people "Buy the rumor, sell the news" and it's what it is in many decades with many markets, not only Bitcoin market.
~snip~
We cannot say that the election of the new US president has no effect on the price, considering that with his statements he has obviously won over the majority of investors in cryptocurrencies - but what is happening now would very likely happen sooner or later, considering that the price is being pushed up by the US based BTC spot ETFs.
Taking this into account, we can say that the current president and his policy are responsible for this, because spot ETFs were approved during his mandate, not during the mandate of Mr. Donald, who was president from 2016-2020 and who spoke at that time that BTC is a scam.
Now, one of his more important advisors is the famous Mr. Mars, who just recently sold the small part of BTC that his company had, out of a total of about 44 000 BTC that he once bought. It's a strange move from someone who supports a pro-BTC president, isn't it?