
newsDec 11, 202431:51pending
Bitcoin Hits $100K After Trump’s Pro-Crypto Appointments
About this episode
Join Matt and Nick as they discuss Bitcoin's historic rise above $100,000 and the potential for a strategic Bitcoin reserve in the U.S. They also touch on the resurgence of older cryptocurrencies, President-elect Donald Trump’s latest pro-crypto appointments, and more.
Key Takeaways
- Bitcoin (BTC) surpassed $100,000 for the first time, a significant milestone for the leading cryptocurrency.
- Older cryptocurrencies, or 'dino coins', are seeing renewed interest.
- Whether the U.S. government establishes a strategic BTC reserve remains the most important variable affecting the rest of this bull market.
- President-elect Donald Trump continued to make pro-crypto appointments last week by way of Paul Atkins and David Sachs. Atkins will be chair of the SEC and Sachs will be the White House A.I. & Crypto Czar.
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