Bitcoin (CRYPTO: BTC) rallied to new all-time highs above $100,000 earlier this month before pulling back. The question remains: Is the world’s largest crypto done running for a while or will the party resume this holiday season?
What To Know: Bitcoin climbed to an all-time high above $108,000 last week as investors continued to bid up prices in the wake of President-elect Donald Trump’s election victory.
Trump has taken a favorable stance on crypto regulation and has even floated the idea of creating a Strategic Bitcoin Reserve. Optimism about a crypto-friendly administration grew after Trump’s election win, as the president-elect selected several lawmakers with pro-crypto leanings for key cabinet positions ahead of his return to the White House.
Bitcoin was up approximately 5.57% over a 24-hour period, trading around $98,540 at the time of writing, according to Benzinga Pro. Bitcoin is up …Full story available on Benzinga.com
Will Bitcoin Return To $100K By Christmas Day? 56% Of Respondents Say…
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