By Web Desk 
Bitcoin, the largest cryptocurrency by market capitalization, has soared past the historic $100,000 threshold, fueled by investor confidence in the pro-crypto stance of U.S. President-elect Donald Trump. Since his election, Bitcoin’s value has surged by over 40%, highlighting expectations of regulatory clarity and a supportive environment for digital assets under the upcoming administration.
Trump’s campaign emphasized making the U.S. a leader in cryptocurrency innovation, proposing measures such as a strategic national Bitcoin reserve and a dedicated White House position for digital-asset policy. These promises have sparked significant market enthusiasm, bolstered further by the introduction of Bitcoin exchange-traded funds (ETFs), which attracted over $4 billion in investments shortly after the election
The rally is also underpinned by strategic moves from institutional investors, including high-profile purchases by companies like MicroStrategy and a strong debut of options trading on Bitcoin ETFs. As the cryptocurrency inches toward $100,000, analysts suggest that the demand for Bitcoin remains robust, with many viewing it as a modern store of value
This surge marks a stark contrast to the crypto market’s struggles during the 2022 downturn, signifying a renewed optimism in the digital asset’s future. With Trump’s pro-crypto agenda, industry experts believe Bitcoin could maintain its upward trajectory, potentially reaching $200,000 in the coming years