Trump’s win has given the industry a boost, boosting investor confidence and paving the way for a revolutionary era in digital finance. The rise of Bitcoin demonstrates the increasing recognition of virtual currencies as a valid asset class by the general public as well as the crucial influence of US policy on world financial trends. The digital asset market is about to undergo a significant transformation as the United States continues to lead.
Bitcoin, the world’s most popular cryptocurrency, has surpassed $100,000 for the first time, driven by US President Donald Trump’s ambition to make the US the “crypto capital of the planet” and his selection of Paul Atkins as chair of the Securities and Exchange Commission. This milestone reflects Bitcoin’s volatility and the larger geopolitical and economic upheaval, as China used to be the dominant force in cryptocurrencies, but now the US has taken that position.
