Bitcoin flirts with $100k as crypto industry rallies for Trump ...Middle East

Technology by : (The Hill) -
Bitcoin has blasted through a series of record highs since President-elect Trump’s election victory as the crypto industry anticipates a significant shift in federal policy.   The price of one bitcoin neared $100,000 this week, rising more than 40 percent since the reelection of Trump, who has pledged to be the most pro-crypto president and make the U.S. the “crypto capital of the planet.”   The expected departure of Securities and Exchange Commission (SEC) Chair Gary Gensler coupled with Trump’s Cabinet picks is further fueling excitement among crypto investors, who see greener pastures ahead for the polarizing industry.   “The sense is the new administration, at the very least,

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