Reported 1 day ago
Bitcoin's price has soared past $109,000 as investors anticipate potential early actions from President-elect Donald Trump regarding cryptocurrency. Trump, who has shifted from being a skeptic to a supporter of digital currencies, plans to create a crypto advisory council and a Strategic Bitcoin Reserve. His administration is expected to implement crypto-friendly regulations, aiming to position the U.S. as the global crypto leader. Wealthy crypto supporters heavily backed Trump during the election, resulting in significant price increases for Bitcoin since his victory.
Source: YAHOO