Bitcoin surpasses $100,000.

Following the US presidential election, Bitcoin has been continuously setting new records; in November alone, the cryptocurrency increased in value by 30%, and since the beginning of 2024, it has risen by 115%.

Bitcoin surpasses $100,000.

Many analysts believe that Bitcoin's surge is driven by investors' belief that President-elect Donald Trump will enact regulations that are more friendly to the digital industry than the current administration.

To date, the cryptocurrency market as a whole has increased by more than $1 trillion following Donald Trump's victory on November 5th.

Earlier on December 5th, Donald Trump announced his plan to appoint Paul Atkins as Chairman of the U.S. Securities and Exchange Commission (SEC). This is seen as a move to uphold Trump's commitment.

US Treasury Secretary Jerome Powell also called Bitcoin "digital gold," stating that it competes with gold rather than the US dollar.

According to media reports, Trump's transition team has begun discussions about creating a new White House position dedicated to digital asset policy. If approved, this position would likely give the industry greater influence over regulations governing it.

These discussions have provided the latest impetus to the cryptocurrency craze. Trump himself has previously vowed a legal framework that supports cryptocurrencies and the establishment of a strategic Bitcoin reserve.

Trump was once skeptical about cryptocurrencies, but that changed when digital asset companies spent heavily on his election campaigns to advance their own interests.

Source: https://kinhtedothi.vn/bitcoin-vuot-moc-100-000-usd.html