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Bitcoin (BTC) Revisits $100k on Trump’s SBR Plans

Market sentiment toward BTC demand remained upbeat on Sunday, with BTC closing above $100,000 for the first time. Market optimism improved as investors anticipated Trump’s pro-crypto CFTC Chair nomination and discussions about BTC becoming a US strategic reserve asset (SBR).

The SEC and CFTC Chairs must establish clear regulatory guidelines to facilitate BTC’s path to becoming a US strategic reserve asset (SBR).

BTC demand could surge if Congress, the Federal Reserve, the Treasury Department, and the President approve BTC as a…