The crypto Trump surge continues as Bitcoin hits the historic 100K level, it currently sits at $103,000, up more than 40% since the election.
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00:00The crypto Trump surge continues as Bitcoin hits the historic 100K level.
00:05It currently sits at $103,000, up more than 40% since the election.
00:12Why?
00:13The president campaigned as crypto-friendly and just appointed Paul Atkins as SEC commissioner.
00:19Trump writing on Truth Social, quote,
00:22Atkins recognizes that digital assets are crucial to making America greater than ever before.
00:29Even Federal Reserve Chair Jerome Powell adding to the enthusiasm, saying at the New York
00:34Times Dealbook Summit that Bitcoin is like gold, it's just virtual and digital.
00:40Adding, it's not a competitor for the dollar, it's really a competitor for gold.
00:47Meanwhile the price of gold also having a nice run, up nearly 30% this year.