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

Bitcoin has surpassed $96,000 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, with over $4 billion flowing into U.S. Bitcoin exchange-traded funds. Crypto-related stocks have also risen sharply, with notable gains for companies like MARA Holdings and MicroStrategy. The market is buzzing with speculation about potential regulatory clarity for cryptocurrencies under the new administration.