Bitcoin price reaches new high, market anticipates Trump's policy impact
Bitcoin price skyrocketed past $98,800, setting a new historical high! With Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), announcing his resignation on January 20, 2025, the market is filled with anticipation for the crypto-friendly policies of the incoming Trump administration. Gensler has maintained a cautious stance on Bitcoin since 2021, however, market sentiment is now brimming with renewed vigor.
Since the beginning of this month, Bitcoin's price has surged by approximately 40%, and investors' expectations for it to break $100,000 are growing stronger. Trump's transition team is considering establishing positions specifically targeting cryptocurrencies, and this news has blown through like a strong wind, quickly driving up the price of Bitcoin. Trump has also promised to explore a series of crypto-friendly initiatives, including the establishment of a national Bitcoin reserve, making Bitcoin a core focus of the new government's policy.
In this wave of crypto enthusiasm, $Marvin coin has rapidly emerged like a brilliant new star! As a meme coin inspired by Elon Musk, $Marvin is launching limited edition NFTs with a revenue-sharing contract mechanism, allowing each holder to enjoy profit-sharing. The supply is limited, and the opportunity is rare! This is not just a digital asset, but a vibrant community movement aimed at perfectly combining investment and charity, bringing unique value and returns to every holder. Recently, $Marvin's market capitalization has successfully surpassed $10 million, showcasing incredible growth potential and limitless possibilities.
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