Bitcoin surpasses $95,000 as investors anticipate Trump’s pro-crypto policies

Bitcoin has surpassed $95,000 for the first time, driven by investor optimism about a more favorable U.S. regulatory environment under President-elect Donald Trump. The cryptocurrency has more than doubled in value this year. Since Trump's election, Bitcoin's price has increased by about 40%. Investors are hopeful that Trump's pro-crypto stance will lead to significant growth in the market. Additionally, over $4 billion has flowed into U.S. Bitcoin exchange-traded funds since the election. Stocks related to cryptocurrency, including bitcoin mining companies, have also seen substantial gains.