Bitcoin price today: nears $100k milestone on Trump cheer
Investing.com-- Bitcoin rose on Friday and was within spitting distance of the coveted $100,000 level as optimism over friendlier U.S. regulations and increased interest from options trading boosted the crypto.
Trump was the crypto’s biggest boost this year, given that he had vowed to introduce crypto-friendly regulation in his administration. Trump had promised to make America the “crypto capital of the planet” during his campaign, and had also floated the idea of a Bitcoin national reserve. Gensler had led a harsh crackdown on the crypto industry over the past two years, with the SEC still engaged in long-running suits against Coinbase (NASDAQ:Traders believe that Gensler’s successor will have a much more lax attitude towards enforcement action, especially under a Trump administration.Crypto price today: altcoins upbeat, set for strong week
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