Bitcoin Surges Past $98,000 Amid Trump's Crypto-Friendly Policies

Reported 1 day ago

Bitcoin has exceeded $98,800, reaching a new record following the announcement of SEC Chair Gary Gensler's resignation, coinciding with Donald Trump's upcoming presidential inauguration. Investors are optimistic about pro-crypto policies from Trump's administration as Bitcoin has jumped nearly 40% since his election victory. Discussions of a potential cryptocurrency policy role within Trump's transition team and significant inflows into Bitcoin spot ETFs have further spurred investment enthusiasm in the crypto market.

Source: YAHOO

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