Bitcoin surpasses $96,000 as investors anticipate Trump’s pro-crypto policies

Bitcoin has reached over $96,000 for the first time, driven by optimism about a more favorable U.S. regulatory environment under President-elect Donald Trump. The cryptocurrency has more than doubled in value this year and gained 40% since the election. Investors are hopeful that Trump's administration will support the crypto market, with over $4 billion flowing into U.S. bitcoin exchange-traded funds since the election. Stocks related to cryptocurrencies have also surged, with notable gains for bitcoin mining companies. Trump's campaign included promises to make the U.S. a leader in digital assets. The market is currently experiencing significant interest, particularly in options trading for bitcoin ETFs, indicating strong investor confidence.