Bitcoin has surged to a record high of $100,000 following influential developments in global politics. Former US President Donald Trump has proposed a pro-cryptocurrency individual for the SEC, suggesting potential favorable regulatory changes.
In parallel, Russian President Vladimir Putin has issued supportive remarks towards cryptocurrency, indicating a shift in the country's approach towards digital assets. These comments have contributed to Bitcoin's meteoric rise, underscoring how geopolitical factors can significantly impact the crypto industry.
The combination of US regulatory signals and Russian political endorsement has fueled investor optimism, driving cryptocurrency markets upward.