Bitcoin hit a record high of over $94,000 amid reports of Trump Media & Technology Group’s potential acquisition of crypto firm Bakkt. Traders are optimistic about a pro-crypto regulatory stance under Trump’s administration, fueling market gains. Cryptocurrencies have soared since the U.S. election, with the global crypto market surpassing $3 trillion. U.S. spot Bitcoin ETFs attracted over $4 billion in inflows post-election, signaling heightened interest in digital assets. Analysts expect continued momentum in Bitcoin trading and options markets.
Category
🗞
NewsTranscript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Bitcoin hit a record high of over $94,000,
00:05been reports of Trump Media Technology Group's potential acquisition of crypto firm Bakkt.
00:10Traders are optimistic about a pro-crypto regulatory stance
00:13under Trump's administration, fueling market gains.
00:16Cryptocurrencies have soared since the U.S. election,
00:19with the global crypto market surpassing $3 trillion.
00:22U.S. spot Bitcoin ETFs attracted over $4 billion in inflows post-election,
00:28signaling heightened interest in digital assets.
00:30Analysts expect continued momentum in Bitcoin trading and options markets.
00:35For all things money, visit Benzinga.com slash GSTV.