• Bitcoin Hits $100K After Trump’s Pro-Crypto Appointments

  • Dec 11 2024
  • Length: 32 mins
  • Podcast

Bitcoin Hits $100K After Trump’s Pro-Crypto Appointments

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  • Summary

  • Join Matt and Nick as they discuss Bitcoin's historic rise above $100,000 and the potential for a strategic Bitcoin reserve in the U.S. They also touch on the resurgence of older cryptocurrencies, President-elect Donald Trump’s latest pro-crypto appointments, and more.

    Key Takeaways

    1. Bitcoin (BTC) surpassed $100,000 for the first time, a significant milestone for the leading cryptocurrency.
    2. Older cryptocurrencies, or 'dino coins', are seeing renewed interest.
    3. Whether the U.S. government establishes a strategic BTC reserve remains the most important variable affecting the rest of this bull market.
    4. President-elect Donald Trump continued to make pro-crypto appointments last week by way of Paul Atkins and David Sachs. Atkins will be chair of the SEC and Sachs will be the White House A.I. & Crypto Czar.
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