Bitcoin Hits $100K After Trump’s Pro-Crypto Appointments

ARB Article Audio BTC +9 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.

Important upcoming macro dates:

  • Dec. 18: U.S. interest-rate decision and Fed Chair Powell’s press conference
  • Jan. 20: U.S. Inauguration Day

00:00 Intro & market update

03:05 Where to now for Bitcoin?

6:50: Collective Shift summit recap

9:45: Dino coins pump and outperform the market

12:30 Altcoin ETFs gain momentum

14:27: Trump’s pro crypto appointments

21:00 Australia proposes new crypto guidelines

23:30 Altcoin news

28:50 Over & under-appreciated