Bitcoin Breaks $100k Barrier Amid Optimism for Trump's Pro-Crypto Policies

05.12.2024 126 times read 0 Comments

Bitcoin Hits $100,000 in Highly Anticipated Crypto Milestone

The cryptocurrency world is buzzing as Bitcoin reaches the monumental price of $100,000. According to Yahoo Finance, this milestone has been eagerly awaited by investors and enthusiasts alike. The surge comes amid growing optimism about a more crypto-friendly regulatory environment expected under President Donald Trump's administration.

Bitcoin Soars Past Six Figures with Hopes for Pro-Crypto Policies

The Wall Street Journal reports that Bitcoin's value skyrocketed past $100,000 due to investor confidence in Trump's potential pro-crypto policies. This rally marks an extraordinary 40% increase since Election Day, fueled further by his nomination of Paul Atkins as SEC Chair—a move seen as favorable towards digital currencies.

Historic Bull Run: Bitcoin Surpasses $100k Amid Market Optimism

DLNews highlights how Bitcoin finally crossed the six-digit threshold after weeks of anticipation. With a remarkable 139% rise this year alone, the cryptocurrency continues its upward trajectory following Trump's announcement regarding new leadership at the SEC. Analysts predict even higher prices on the horizon.

XRP Trading Volume Overtakes Major Cryptocurrencies

A recent report from U.Today reveals XRP's trading volume surged over other major cryptocurrencies like Bitcoin and Ethereum on Coinbase. Driven by significant market interest and speculation around Ripple's ongoing legal battles potentially easing under new SEC leadership, XRP reached unprecedented levels in trading activity.

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