Bitcoin has surpassed the 95,000 markin US dollarsearly morning trading session in Asia, setting an unprecedented record in history.
While Trump’s team is considering the role, the virtual currency industry is lobbying hard to ensure the position goes to the president-elect.
“While I’m not sure everything will go smoothly once we hit the 100,000 mark, the demand seems endless,” said Tony Sycamore, market analyst at IG Australia Pty.
Bitcoin’s upward momentum is reinforced by many positive factors.billion dollarsan increase of nearly 50% compared to the original plan, buy more Bitcoin.
According to data from CoinGecko, the total capitalization of the virtual currency market has increased by an impressive 800%.billion dollarsfollowing Trump’s election victory on November 5.
Investors are turning their attention to the next milestone: 100,000USD.
Trump has promised to create a favorable regulatory framework for digital assets in the US and create a strategic bitcoin reserve.
