Bitcoin Surges Past $100,000 Following Trump Election and Crypto-Friendly Policy Signals

The cryptocurrency's record-breaking rally is driven by investor optimism over regulatory shifts and institutional adoption.

Bitcoin's value exceeded $100,000 for the first time, marking a 44% increase since Election Day, with other cryptocurrencies like Ethereum also seeing significant gains.
Investor confidence is bolstered by President-elect Donald Trump's pro-crypto stance and his appointment of key figures advocating for deregulation in the crypto industry.
Paul Atkins, a deregulation proponent, has been nominated to lead the SEC, while billionaire David Sacks has been named as Trump's crypto and AI czar to shape future policies.
The introduction of Bitcoin ETFs earlier this year has increased accessibility for mainstream investors, contributing to its growing legitimacy as a financial asset.
Economists warn that cryptocurrency valuations remain speculative and volatile, with concerns about the potential for another bubble driven by regulatory optimism.