Fueled by optimism over Trump’s crypto plans, Bitcoin rocketed towards the historic $100,000 barrier Wednesday. The asset soared 50% over the last month, fueling a staggering $30 trillion bitcoin price prediction.
The largest cryptocurrency by market cap surged over 3% to reach a record all-time high of $97,965 on Thursday in Singapore, with the entire crypto market adding at least $900 billion since Trump won the US election on November 5. According to data from Coin Metrics, the price of the pioneer cryptocurrency breached the $95,000 level on Wednesday, riding on optimism over Trump’s crypto plans.
Optimism over Trump Crypto Plans a Rebuttal to Skeptics.🚨🚨
Optimism over Trump’s crypto plans is at its highest level yet, following chatter that the President-elect’s team is already holding discussions with crypto industry leaders on whether and how to create a White House post to deal with digital-asset policy. Crypto industry moguls are already pitching for the position, which would have a direct line to the Trump 2.0 White House and would be the first of its kind in the history of the United States.
