Trump plans to establish a dedicated (virtual currency policy official)

Bitcoin hits a new high, surpassing $99,000

Bloomberg cites sources indicating that Trump, the elected next president of the United States, plans to add a dedicated official responsible for virtual currency policy

Trump's transition team has consulted with several senior figures in the virtual currency industry multiple times over the past few weeks, while also reviewing candidates for this position

Before the election, Trump expressed support for the development of virtual currencies like Bitcoin

He stated that he would fire SEC Chairman Gensler, who has doubts about virtual currencies, on his first day in office

Bitcoin's momentum continues, having surpassed $99,000

Setting a new record high

It must be said that after Trump takes office, he strongly supports the development of Bitcoin, which not only provides a timely boost to the U.S. treasury but also leads to a surge in Bitcoin's value. With support behind it, Trump is a particularly smart person. There is no economy that can bring in profits as large as those from Bitcoin.

Bitcoin exists in a gray area in other countries — illegal but not prosecuted. Yet Trump strongly supports the development of Bitcoin. He knows it will bring him immense wealth. His vision is indeed sharp.