Bitcoin and XRP Surge as Trump's Crypto-Friendly Policies Loom

Anticipation of pro-crypto executive orders and regulatory shifts under President-elect Donald Trump fuels market optimism.

Bitcoin surpassed $100,000, gaining 2% on Friday, with investors expecting supportive crypto policies under the incoming administration.
XRP surged to $3.38, its highest price in seven years, driven by optimism over potential regulatory changes and ETF approvals.
Reports suggest Trump may prioritize cryptocurrency with executive orders, potentially including a national Bitcoin reserve and advisory council.
Ripple's XRP holdings have increased by $125 billion in value since Trump's election, reflecting broader market confidence in regulatory shifts.
The broader crypto market also saw gains, with altcoins like Solana and Litecoin rallying, while Ether displayed minor losses.