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Bitcoin Surges Past $100,000 as Trump Ushers in Crypto-Friendly Era

The historic milestone follows institutional investments and policy shifts under President-elect Trump, driving optimism about cryptocurrency's future.

  • Bitcoin hit an all-time high of $103,446 on December 4, marking a 130% increase in value this year, before stabilizing above $100,000.
  • Institutional investment, driven by spot ETFs and companies like MicroStrategy, has been a key factor in Bitcoin's rally, with projections suggesting a $200,000 price target by 2025.
  • President-elect Donald Trump's pro-crypto stance, including plans for a national Bitcoin reserve and regulatory reform, has fueled market optimism and broader adoption.
  • The U.S. Treasury officially referred to Bitcoin as 'digital gold,' further solidifying its role as a store of value and competitor to traditional assets like gold.
  • Ripple's XRP token also saw a dramatic 300% rise following Trump's election, highlighting the broader cryptocurrency market's resurgence.
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