Bitcoin surpasses $100,000 after Trump picks crypto advocate to lead SEC

Bitcoin surged past $100,000 following Donald Trump's presidential victory, fueled by optimism for crypto-friendly regulations. Trump's pro-crypto stance, including plans for a national Bitcoin reserve and a crypto advisory council, has boosted market confidence. Institutional adoption and ETF approvals further propelled Bitcoin's recovery from its 2022 lows.

Dec 5, 2024 - 09:30
Bitcoin surpasses $100,000 after Trump picks crypto advocate to lead SEC

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Bitcoin surged past $100,000 following Donald Trump's presidential victory, fueled by optimism for crypto-friendly regulations. Trump's pro-crypto stance, including plans for a national Bitcoin reserve and a crypto advisory council, has boosted market confidence. Institutional adoption and ETF approvals further propelled Bitcoin's recovery from its 2022 lows.
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