#BTC再创新高 $BTC

Financial Link News December 17th - On Monday during the US trading session, Bitcoin rose above $107,000 per coin, setting a new record high with an intraday increase of over 3%.

Previously, the elected President Trump reiterated his plan to establish a Bitcoin strategic reserve similar to the U.S. Strategic Petroleum Reserve, which sparked enthusiasm among cryptocurrency bulls. Additionally, MicroStrategy's inclusion in the Nasdaq 100 index also boosted investor sentiment, indicating that more passive funds would flow into the cryptocurrency market, indirectly holding Bitcoin. The company announced on Monday that it had purchased an additional $1.5 billion worth of Bitcoin in the past week.

Bitcoin and cryptocurrencies have become the focus of attention as investors bet that the incoming Trump administration will create a more favorable regulatory environment, boosting sentiment around this cryptocurrency, with Bitcoin rising about 150% in 2024. Trump stated late last week: "We will do great things in the cryptocurrency space," pointing out that more and more countries are embracing cryptocurrencies, but "we want to be the leaders." When asked if he planned to establish a cryptocurrency reserve similar to the oil reserve, Trump replied: "Yes, I think so." He made similar claims earlier this year.

Data from CoinGecko shows that as of July, the Bitcoin held by governments around the world accounts for 2.2% of the total supply, with the U.S. holding nearly 200,000 Bitcoins worth over $20 billion at current levels. Aya Kantorovich, co-founder of institutional crypto platform August, stated that many people "are building their expectations on a more favorable government." She added that this optimistic sentiment is reflected in the demand for Bitcoin ETFs. Since Trump won the presidential election on November 5th, U.S. ETFs directly investing in Bitcoin have attracted $12.2 billion in funds.

Chris Weston, research director at Pepperstone, stated: "I think we still need to be cautious about the Bitcoin strategic reserve, at least considering that this situation is unlikely to happen anytime soon." "Certainly, any comments from Trump that give people more hope to see the strategic reserve plan developing are a clear positive.