Bitcoin’s recent surge: Bitcoin reached an all-time HIGH of 105,000 USD shortly after exceeding 104,000 USD. This rapid increase indicates strong market confidence, bolstered by the pro-cryptocurrency stance of the US presidential administration.
Government’s role in crypto: President-elect Donald Trump supports a national Bitcoin strategic reserve. His endorsement, along with backing from Senator Cynthia Lummis, further energizes Optimism surrounding the cryptocurrency market, benefiting investors.
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