Bitcoin has reached an unprecedented value of $100,000, with a year-to-date increase of 138%. This significant milestone is attributed to the growing optimism surrounding potential support from the incoming administration of President-elect Donald Trump.
Trump has expressed his intention to appoint regulators who are favorable to the cryptocurrency sector and is considering the establishment of a national strategic stockpile of Bitcoin. Furthermore, discussions are taking place regarding the creation of a dedicated White House position focused on the cryptocurrency market, indicating a notable shift in the government's approach to digital assets.