Bitcoin Surges Past $90,000 as Trump Pledges Crypto-Friendly Policies
In an unprecedented rally, Bitcoin hit a record-breaking $91,000 on Wednesday before settling slightly at $90,670. The surge comes amid president-elect Donald Trump’s promises to streamline digital token regulations, sparking enthusiasm in the crypto world.
Trump’s victory last week has repeatedly pushed Bitcoin to new heights, as he campaigned on making the U.S. a “bitcoin and cryptocurrency capital.” His previous administration’s tax cuts brought fresh liquidity into markets, fueling investment in digital assets.
Adding to the crypto momentum, Trump announced plans in September to launch a digital currency platform, World Liberty Financial, alongside his sons and other entrepreneurs.
Although the platform’s initial sales launch earlier this month saw limited uptake, the former president continued making waves in the crypto space, even using Bitcoin in a recent burger purchase in New York—a move the restaurant touted as “historic.”
From its wild price swings to high-profile collapses, cryptocurrency remains in the spotlight, with Bitcoin’s latest rally underscoring its resilience and growing mainstream appeal.
