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Cryptocurrency News Articles

Bitcoin Price Hits All-Time High Crossing USD 100,000 Mark on Optimism Over Donald Trump’s Crypto Plans

Dec 16, 2024 at 09:47 am

Bitcoin soared to an all-time high above USD 106,000 in early Asian trading on Monday, continuing its remarkable rally since Donald Trump's election

Bitcoin Price Hits All-Time High Crossing USD 100,000 Mark on Optimism Over Donald Trump’s Crypto Plans

Bitcoin soared to an all-time high above USD 106,000 in early Asian trading on Monday, continuing its remarkable rally since Donald Trump’s election as US president in November.

Reports suggest Trump plans to establish a bitcoin strategic reserve fund, further fueling the cryptocurrency’s rise, according to IG analyst Tony Sycamore.

Bitcoin has gained over 50% since Trump and other pro-crypto candidates were elected on November 5, reinforcing optimism about government support for digital currencies under the new administration.

Bitcoin Price Hits All-Time High Crossing USD 100,000 Mark on Optimism Over Donald Trump’s Crypto PlansBitcoin Price Hits All-Time High

BREAKING: Bitcoin hits record $106,000

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