bitcoin today: Bitcoin nears $90,000 as speculation grows over Trump’s pro-crypto regulatory plans
Bitcoin soared to a new all-time high of $89,600, edging closer to the significant $90,000 mark, driven by speculation over potential pro-crypto regulatory shifts in the United States. The cryptocurrency experienced a 9% jump in the last 24 hours, buoyed by optimism following Donald Trump’s presidential election victory and expectations of a crypto-friendly administration.Reports suggest that Trump is considering appointing pro-crypto advocates, including Mark Uyeda and Paul Atkins, as replacements for current SEC Chairman Gary Gensler, which could lead to reduced regulatory scrutiny on the industry.
“Bitcoin hit $89,600 – a key resistance level – before stabilizing around $88,300. The 9% daily rally came after news that Trump is…