Bitcoin Eyes $100k Amid Trump Speculation and BlackRock Boost
TL;DR Summary
Bitcoin surged to a new record high above $98,000 following the U.S. elections, with expectations to reach $100,000 by year-end. The rise is fueled by the launch of options trading for spot bitcoin ETFs, including BlackRock's iShares Bitcoin Trust. President-elect Donald Trump is forming a pro-crypto cabinet, potentially appointing Cantor Fitzgerald CEO Howard Lutnick to the Department of Commerce. Trump's administration is also considering a new White House role focused on cryptocurrency policy. Ethereum and other crypto-related stocks also saw significant gains.
- Bitcoin Homes In On $100k As Trump Forms Pro-Crypto Cabinet Investor's Business Daily
- Bitcoin nears $100,000 as traders continue to bet on Donald Trump's return as US president Hindustan Times
- Bitcoin hits fresh record, races toward $100,000 as rally continues CNBC
- Surprise BlackRock ‘Tipping Point’ Predicted To Send Bitcoin Price To $200,000 Forbes
- Bitcoin closes in on $100,000 as crypto analysts make 2025 prediction The Independent
Reading Insights
Total Reads
0
Unique Readers
13
Time Saved
4 min
vs 5 min read
Condensed
91%
916 → 82 words
Want the full story? Read the original article
Read on Investor's Business Daily