Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump
- Bitcoin has surpassed $100,000 as the cryptocurrency industry anticipates early action from Donald Trump when he takes office next week.
- Trump has shifted from skepticism to support for Bitcoin, promising to make the U.S. A 'crypto capital' and create a U.S. Crypto stockpile.
- The proposed Strategic Bitcoin Reserve would require the Treasury Department to hold at least $21 billion in Bitcoin, as suggested by crypto advocates.
- Trump has received support from the crypto community, with promises to create favorable regulations and address the case of Ross Ulbricht.
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Coverage Details
Total News Sources0
Leaning Left8Leaning Right4Center11Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 35%
C 48%
R 17%
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