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Bitcoin Brave New Coin

Target Acquired – Bitcoin Hits $100,000 USD

This surge is partly attributed to the election of President-elect Donald Trump, who is anticipated to implement crypto-friendly policies. His administration plans to establish a national Bitcoin reserve and appoint pro-...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Target Acquired – Bitcoin Hits $100,000 USD

This surge is partly attributed to the election of President-elect Donald Trump, who is anticipated to implement crypto-friendly policies. His administration plans to establish a national Bitcoin reserve and appoint pro-crypto figures like Paul Atkins to key regulatory positions, signaling a significant shift in the U.S. government’s approach to digital assets.

Source: BNC Bitcoin Liquid Index

The market’s response has been overwhelmingly positive, with substantial inflows into U.S.-listed Bitcoin exchange-traded funds (ETFs) and a surge in institutional interest. Since Election Day, Bitcoin’s value has climbed approximately 30%, reflecting growing confidence in the cryptocurrency’s future under the new administration.

Congrats to the HODLERS. More to come.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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