Donald Trump

Jerome Powell

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<p><strong>Key Points:</strong></p>  
<ul class="wp-block-list">
 <li><em>Bitcoin has surged past $100,000, driven by optimism around President-elect Donald Trump's pro-crypto stance and regulatory signals.</em></li>  
 <li><em>Trump plans to nominate cryptocurrency advocate Paul Atkins as SEC chair, while Fed Chair Jerome Powell called Bitcoin a competitor to gold.</em></li> 
</ul>  
<h5 class="wp-block-heading">Bitcoin has surged past $100,000 in a big rally for the world's most popular cryptocurrency, triggered by President-elect Donald Trump and upbeat comments from Federal Reserve Chairman Jerome Powell.</h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/12/On-Black-63-1.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/12/On-Black-63-1-1024x576.jpg" alt="President-elect Donald Trump Congratulates Bitcoin Holders On Surpassing $100K" class="wp-image-295441"></a>
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<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/292402-gary-gensler-resignation-likely-before-trump/" target="_blank" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/295166-microstrategy-bitcoin-investment-yields/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/294040-donald-trump-administration-increase-cftc-power/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/wp-admin/post.php?post=294040&amp;action=edit" rel="noopener noreferrer nofollow">Donald Trump Administration Will Increase CFTC Power Over Crypto Industry</a>&nbsp;</p>  
<h2 class="wp-block-heading" id="president-elect-donald-trump-congratulates-bitcoin-holders">President-elect Donald Trump Congratulates Bitcoin Holders</h2>  
<blockquote class="wp-block-quote">
 <p>"CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU'RE WELCOME!!! Together, we will Make America Great Again!" Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/113600319916325790" target="_blank" rel="noopener noreferrer nofollow">exclaimed</a>.</p> 
</blockquote>  
<p>President-elect Donald Trump has further cemented investor confidence, signalling a pro-crypto regulatory approach with his announcement of plans to nominate cryptocurrency advocate <a href="https://coincu.com/295287-new-sec-chair-appointed-by-donald-trump/" target="_blank" rel="noopener noreferrer nofollow">Paul Atkins</a> as the next chair of the Securities and Exchange Commission.</p>  
<p>Trump's dream of making the United States "the crypto capital of the planet" has been a significant driver behind Bitcoin's astonishing run, which has seen the digital asset surge by more than 130% this year. Adding to the optimism, <a href="https://coincu.com/284948-bitcoin-price-drops-as-investors-await-powell/" target="_blank" rel="noopener noreferrer nofollow">Powell</a> referred to Bitcoin as a rival to gold, not a threat to fiat currencies such as the US dollar, further cementing its status as digital gold.</p>  
<h2 class="wp-block-heading" id="cryptocurrencies-expand-despite-volatility">Cryptocurrencies Expand Despite Volatility</h2>  
<p>In light of all this excitement, experts caution that the price of <a href="https://coincu.com/295415-standard-chartered-bank-predicts-bitcoin-200k/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> is typically erratic and driven by macroeconomic conditions. Although Bitcoin is the biggest cryptocurrency, there are several others that have gained fame in the financial world, like Ethereum, Tether, and Dogecoin.</p>  
<p>Most transactions related to day-to-day finances still involve some form of money in fiat currencies outside the small minority of investors who regard Bitcoin as a hedge. Nevertheless, the asset is making steady progress into broader roles in the global economy as more institutional interest and clarity in regulations develop.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow"> this website</a> is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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President-elect Donald Trump Congratulates Bitcoin Holders On Surpassing $100K

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