Bitcoin has suddenly rocketed toward a $100,000 price, adding to a rally that's seen bitcoin soar 50% over the last month and fueled a shocking $30 trillion bitcoin price prediction.
The bitcoin price has climbed steadily this year, pushed on by a fleet of spot bitcoin exchange-traded funds (ETFs) hitting Wall Street, interest from U.S. president-elect Donald Trump and expectations of Federal Reserve interest rate cuts—with a top Fed official recently revealing a surprise bitcoin flip.
Now, as traders bet on a Trump bitcoin "game-changer," a leak has revealed Trump could appoint the first ever White House "crypto czar."