This is amid optimism in the market that US president-elect Donald Trump’s administration will provide support to the digital-asset industry. Photo: Bloomberg
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Bitcoin has risen to US$100,000 for the first time, extending its year-to-date gain to 138%, amid optimism in the market that US president-elect Donald Trump’s administration will provide support to the digital-asset industry.
Trump has vowed to appoint crypto-friendly regulators and create a national strategic stockpile of Bitcoin. He is also considering creating the first-ever White House position related to the cryptocurrency market.
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