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Bitcoin Soars Past $100,000 on Trump’s Pro-Crypto Pick for SEC Head

Bloomberg Businessweek

CHAPTER

Bitcoin's $100K Milestone: Market Dynamics and Political Implications

This chapter discusses the momentous occasion of Bitcoin exceeding $100,000 and its ramifications on market sentiment and future price movements. It examines both the excitement within the cryptocurrency community and the skepticism from traditional industries, focusing on the influence of institutional investors and potential government involvement. Additionally, it explores the evolving regulatory landscape for cryptocurrencies under changing political climates, particularly the impact of a pro-crypto administration.

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