China Central TV, one of the country’s most prominent media outlets, has US President-elect Donald Trump’s plans to adopt Bitcoin as a strategic reserve.

The bullish news aired live on the Chinese media. Notably, China Central TV (CCTV) reported the news on Thursday, a day after Trump’s election victory.

CCTV noted that Bitcoin surged to unprecedented heights following Trump’s win. Although the news reported that Bitcoin grew to a new ATH around $75,000, the crypto firstborn surged to a greater high of $76,946 late Thursday.

The leading Chinese media outlet reported that the price surge followed Trump’s earlier promise to make the US the world’s Bitcoin and cryptocurrency capital. It also noted that the US president-elect pledged to create a US Bitcoin stockpile, strategically storing the premier asset to bolster the country’s economy.

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