Bitcoin crosses $100,000 for first time on optimism over Donald Trump’s crypto plans

Bitcoin’s value crossed $100,000 for the first time on Thursday, as traders expect a favourable regulatory environment under incoming US President Donald Trump, news agency Reuters reported.

FILE – Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conference Saturday, July 27, 2024, in Nashville, Tenn.(AP)

“Bitcoin crossing $100,000 is more than just a milestone; it’s a testament to shifting tides in finance, technology, and geopolitics,” Justin D’Anethan, a Hong Kong-based independent crypto analyst, told Reuters.

Trump’s favourable stance towards…

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