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Bitcoin surpassed $100,000 for the first time, driven by optimism around US President-elect Donald Trump's crypto-friendly stance
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Analysts cite a “paradigm shift” fuelled by institutional adoption, tokenisation advancements, and clearer regulations, according to Reuters. Trump's pro-crypto stance, including promises to make the US the “crypto capital”, has sparked investor confidence. His plan to appoint Paul Atkins—widely seen as a pro-digital-assets candidate—to head the US Securities and Exchange Commission, America’s capital markets regulator, is seen as favourable for crypto.