Bitcoin achieves a record high and surpasses $97,000 for the first time ever.
Bitcoin experienced a strong increase in trading on Thursday, reaching a new record high after surpassing the $97,000 mark for the first time. This surge comes at a time when the market is seeing a growing optimism about the future of cryptocurrencies, especially in light of the announced policies of the new Trump administration, which has pledged to make the United States a global hub for cryptocurrencies, with plans to establish a strategic reserve of Bitcoin.
Bitcoin recorded an increase of 4.61% over the past twenty-four hours, reaching a price of $97,108, thus achieving its highest level ever, according to data from CoinMarketCap.
These rises were bolstered by reports that Judy Guoilein, a lawyer specializing in cryptocurrency issues who previously worked at the U.S. Securities and Exchange Commission, will be a candidate to lead the regulatory agency during Trump's second term. This direction sends a positive signal regarding the easing of regulatory constraints on digital currencies.
Moreover, market sentiment significantly contributed to these increases after trading options on the "iShares Bitcoin Trust" managed by BlackRock began last Tuesday. Data showed that about 98% of the options orders were directed towards buying, reflecting a strong bullish trend for Bitcoin in the financial markets.
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