Bitcoin Surges Amid Trump's Crypto Policy Shifts

Bitcoin is experiencing a significant upswing, climbing nearly 12% this week as anticipation builds around President-elect Donald Trump's inauguration and his pro-crypto policies. Reports suggest Trump may issue an executive order on his first day, designating cryptocurrency as a national priority and potentially establishing a crypto advisory council to give the industry a voice. Bitcoin's price has hovered around $104,000, with analysts predicting a potential new peak if it surpasses key resistance levels. The broader crypto market has also seen gains, with altcoins like XRP benefiting from the favorable sentiment. Notably, shares of crypto exchanges such as Coinbase and Robinhood have risen, reflecting growing investor confidence. Overall, the crypto landscape is poised for potential growth as the new administration takes shape.