Bitcoin Surges Past $100K as Trump Prepares to Take Office
- Bitcoin surpassed the $100,000 mark, achieving a 15% weekly gain.
- The cryptocurrency rose over 5% in the last 24 hours, reaching $103.5K from an intraday low of $97,500.
- Market optimism is driven by expectations of pro-crypto policies under President-elect Donald Trump.
- A Bloomberg report suggests Trump may declare crypto a national priority via executive order.
- The broader crypto market increased by 2%, with altcoins like OKB and RUNE seeing double-digit gains.
Bitcoin’s surge past $100,000 is fueled by anticipation of favorable policies from President-elect Trump’s administration and recent positive economic data. The broader crypto market also experienced growth alongside Bitcoin’s rise.