President-elect Donald Trump's focus on making the United States a leader in the digital-asset sector is having a significant impact on the cryptocurrency market.
As a result, Bitcoin has reached unprecedented heights, with record prices and the largest performance gap from gold since 2022.
The world's largest Bitcoin exchange-traded fund has also experienced historic trading volumes, indicating increased investor interest and activity.
These developments indicate a period of transformation for the crypto market, driven by anticipated regulatory and economic changes under the incoming administration.