Bitcoin Surges as US Embraces Cryptocurrency Under Trump

Reported 2 months ago

Bitcoin has reached near all-time highs, fueled by growing support for the cryptocurrency sector in the US led by president-elect Donald Trump. Developments including Trump's Media & Technology Group's potential acquisition of Bakkt, Nasdaq's plans to list Bitcoin options, and Goldman Sachs's digital asset strategy indicate deeper integration of crypto into the financial system. Bitcoin saw a jump to $92,606, reflecting a 36% rise since Trump's election victory, as optimism in the crypto market grows despite concerns over past volatility and fraud.

Source: YAHOO

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