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Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump

  • The price of Bitcoin has exceeded $100,000 again as the cryptocurrency industry anticipates early actions by Donald Trump when he takes office next week.
  • Trump, who once called Bitcoin a scam, has now embraced it and plans to make the U.S. The 'crypto capital' of the world.
  • Trump promises to create a special advisory council for crypto regulations and to stockpile Bitcoin as a national asset.
  • The price of Bitcoin rose about 5% to around $104,000, reflecting the growing optimism in the cryptocurrency market.
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