Bitcoin Hits Fresh Record High as Trump Team Mulls Creating New White House Crypto Role: Bloomberg

Bitcoin hit a fresh record high on Wednesday and remained near those levels as President-elect Donald Trump's team is considering whether to create a new White House role dedicated toward cryptocurrency policy.

Bitcoin rose 0.1% to $93,730 by 1:56 p.m. ET (1856 GMT). The world’s biggest crypto hit a record high of nearly $94,836.1 earlier in the day.

Bitcoin rose sharply over the past two weeks, with gains sparked largely by Donald Trump’s victory in the 2024 presidential election.

比特幣在過去兩週大幅上漲，漲幅主要是由唐納德·川普在 2024 年總統選舉中獲勝引發的。

In a sign that Trump is following up on his promise to make the United States the crypto capital of the world, the president elect is considering whether to create a new White House role dedicated toward cryptocurrency policy.

Trump's team are vetting candidates to serve in a dedicated crypto role, Bloomberg reported. The news comes just as many are eager for detials on just what Trump’s policies will entail for crypto, with the president-elect set to take office in about two months.

Sentiment towards Bitcoin was also boosted by MicroStrategy Incorporated (NASDAQ:MSTR), the world’s biggest corporate holder of the coin, buying a record high $4.6 billion of the coin in the past week. MicroStrategy CEO Michael Saylor indicated that the company will keep buying more coins, issuing more debt to fund its purchases.

全球最大的比特幣企業持有者 MicroStrategy Incorporated（納斯達克股票代碼：MSTR）在過去一周購買了創紀錄的 46 億美元比特幣，這也提振了人們對比特幣的信心。 MicroStrategy 執行長 Michael Saylor 表示，該公司將繼續購買更多代幣，並發行更多債務來為其購買提供資金。

Bitcoin's surge to new record high helped by ETF options launchOptions trading for a spot Bitcoin ETF launched on Tuesday, helping drive Bitcoin’s price to a new all-time high.

BlackRock (NYSE:BLK)'s iShares Bitcoin Trust (NASDAQ:IBIT) became the first spot Bitcoin ETF approved for options trading, generating nearly $1.9 billion in notional exposure on its first day, according to Bloomberg Intelligence ETF analyst James Seyffart.

"Final tally of $IBIT's 1st day of options is just shy of $1.9 billion in notional exposure traded via 354k contracts. 289k were Calls and 65k were Puts," Seyffart shared in a post on X. "That's a ratio of 4.4:1. These options were almost certainly part of the move to the new bitcoin all-time highs today."

Bloomberg senior ETF analyst Eric Balchunas highlighted the scale of activity, noting, "$1.9b is unheard of for Day One. For context, ProShares Bitcoin ETF (NYSE:BITO) did $363 million and that's been around for four years," in his own post on X.

Crypto price today: altcoins mixedBroader crypto markets also advanced on Wednesday, tracking Bitcoin's another record-breaking jump.

Meanwhile, risk appetite in stock markets was seen faltering, as investors hunkered down before closely-watched earnings from market darling NVIDIA Corporation (NASDAQ:NVDA), due later on Wednesday.

In crypto, world no.2 crypto Ether fell13 to $3,040.31.

XRP and MATIC fell 1.6% and 1.4%, respectively, while ADA surged over 6%.

Among meme tokens, Dogecoin fell 10%, remaining in sight of a three-year high hit earlier in November, after Trump’s victory.

Trump referenced the token with the formation of the Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, adding to the social media buzz around the popular meme token.

川普在伊隆·馬斯克和維韋克·拉馬斯瓦米領導的政府效率部成立時提到了該代幣，增加了社交媒體上圍繞流行模因代幣的熱度。

Ambar Warrick contributed to this report