Cryptocurrency: Like Riding a Rocket, Soaring to New Heights

This year, Wall Street and the incoming Trump administration helped create a thriving cryptocurrency investment ecosystem that left the traditional financial world in awe.

Despite Bitcoin achieving a remarkable rebound in 2023, the approval of a spot Bitcoin ETF in January further propelled the rise of this global largest digital asset. However, it was Trump's victory in November that truly drove the market, triggering a record-breaking rebound, with Bitcoin surpassing the $100,000 mark. Along the way, traders poured over $100 billion into the ETF, paving the way for similar cryptocurrency-related investment tools.

Trump was once a skeptic of Bitcoin but later became an advocate, promising to reverse the Biden administration's crackdown on cryptocurrency, making the U.S. the center of the industry, thereby igniting enthusiasm within the digital asset community.

In the weeks following the election, he announced the newly established position of Artificial Intelligence and Cryptocurrency "Czar," appointing industry supporter Paul Atkins to replace cryptocurrency's nemesis Gary Gensler at the Securities and Exchange Commission. #比特币战略储备 $BTC