In this week’s Trading Take, Beimnet Abebe from Galaxy Trading returns to discuss the recent upswing in Bitcoin’s value and its potential tie to political developments. Beimnet and Alex delve into how Bitcoin has surged to $65,000, driven by the anticipation of political support and upcoming election outcomes. They explore the significant role Bitcoin is beginning to play as a ‘flight to safety’ asset amidst ongoing financial uncertainties. The discussion also covers the impacts of recent ETF inflows and high-profile endorsements on the crypto market. Alex is also joined by River founder and CEO Alex Leishman about building a Bitcoin-only brokerage, building your own custody and wallet, operating on the Lightning Network at scale, and trends and topics in Bitcoin development. Listen to the full episode here.