Bitcoin has smashed previous records by reaching the $108,000 mark, now trading at $108,223, with a daily increase of over 2%. Since the recent election, Bitcoin has surged almost 60%, fueled by Trump’s administration's favorable stance toward cryptocurrencies.
Trump's plans include developing a strategic Bitcoin reserve, contributing significantly to the cryptocurrency's buoyant market performance. These political endorsements have powered Bitcoin's rally, suggesting prospects for further growth, potentially hitting $110,000 as the year comes to a close.
