Bitcoin’s $100K Rally: Trump, Congress, and Crypto Adoption

BTC returned above $100,000 following bullish speculations by crypto experts. Brian Armstrong endorsed a Bitcoin Reserve for the U.S. after meeting with Trump. Michael Novogratz thinks Bitcoin could surge to $500K during Trump’s administration. Bitcoin climbed back above $100,000 following bullish speculations by renowned cryptocurrency stakeholders, including Coinbase CEO Brian Armstrong and Michael Novogratz, CEO of Galaxy Investment Partners. Both highlighted factors that could drive Bitcoin’s value higher, including rumors of Donald Trump considering Bitcoin as part of a U.S. Strategic Reserve. In a recent podcast , a crypto analyst noted that Armstrong endorsed a Strategic Bitcoin Reserve for the U.S. after having a private meeting with Trump. Reports suggest Trump may designate cryptocurrency as a national priority, a move Armstrong believes could significantly benefit the U.S. crypto market. Related: Trump’s Crypto Policy Shake-Up: Bitcoin Stockpile, New Rules Ahead Congressional Changes Could Drive Crypto Adoption During an interview, Armstrong commended the United States’ new Congress, describing it as the “most crypto-friendly Congre… The post Bitcoin’s $100K Rally: Trump, Congress, and Crypto Adoption appeared first on Coin Edition .