Bitcoin Surpasses $104K as Trump Prioritizes Crypto

Bitcoin has recently surged past the $102,000 mark, driven by anticipation surrounding President-elect Donald Trump’s pro-crypto policies as his inauguration approaches. Analysts suggest that Trump's administration may prioritize cryptocurrency, possibly establishing an advisory council and a strategic Bitcoin stockpile, which has further fueled market optimism. Bitcoin's rise, alongside gains in altcoins like Ethereum and XRP, reflects a broader bullish sentiment in the cryptocurrency space, heightened by favorable inflation data. As the cryptocurrency market awaits potential executive orders from Trump, some analysts predict that Bitcoin could break through key resistance levels, potentially leading to new all-time highs. The buzz around Trump's policies is seen as a significant turnaround for digital assets, which faced challenges under the previous administration. Overall, there is a strong belief that the upcoming regulatory clarity could accelerate Bitcoin's adoption and mainstream acceptance.