Bitcoin reaches record $95,000 as Trump administration plans cryptocurrency role

Bitcoin reached a record high of $95,000, driven by news of a cryptocurrency-focused role in the upcoming Donald Trump administration. This surge increased Bitcoin's weekly gains to nearly 5% and its market dominance to 60%. Ethereum fell below $3,100, down over 3.5% for the week, while Dogecoin also declined slightly. In the last 24 hours, nearly $350 million in leveraged positions were liquidated in the crypto market. The global cryptocurrency market capitalization rose to $3.12 trillion, reflecting a 1.32% increase. Market sentiment remains strong, with many traders betting on further price increases for Bitcoin.