Bitcoin falls short of $100,000, market eyes Trump's next move on crypto policy.

Recently,mt4 foreign exchange trading platform scam Bitcoin has shown strong performance in the market, especially after Trump won the US election, with its price at one point nearing the key level of $100,000. However, this target has yet to be reached as Bitcoin is currently trading steadily around $96,000, still shy of the $100,000 milestone. This surge has led Bitcoin to gain over 40% since Trump was elected on November 5th.

Cryptocurrency speculators generally view $100,000 as a milestone goal for Bitcoin, a price seen as a symbolic marker for the cryptocurrency industry, closely linked to Trump's policy direction. As a supporter of cryptocurrency, Trump pledged during his presidential campaign to take measures to promote the growth of digital assets. It is expected that he will roll back the strict regulations imposed by the Biden administration on cryptocurrencies and push for policies favorable to the industry's development.

Currently, the positions of chair of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are still being contested. Candidates who support cryptocurrency may assume these roles during Trump's term, further promoting lenient policies toward digital assets. Meanwhile, Trump's transition team is also discussing the possibility of establishing a dedicated White House position responsible for digital asset policies, which could provide clearer policy support for the cryptocurrency industry.

Trump has also proposed a vision of making the United States the global capital of cryptocurrency, even supporting the establishment of a strategic national Bitcoin reserve, although this idea has yet to gain widespread recognition. Critics argue that the concept of a Bitcoin reserve conflicts with Trump's stance on the U.S. dollar as the global key currency. Nonetheless, Trump may continue to promote this idea publicly, despite the significant political and market challenges in implementing it.

For investors, the current market sentiment is critical. Although Bitcoin's price is nearing an all-time high, investors remain attentive to policy adjustments following the inauguration of the Trump administration and whether more support will be provided to the cryptocurrency industry. As more details of Trump's team's policies are unveiled, the market will gain a clearer understanding of whether Bitcoin can surpass the $100,000 mark and assume a more central role in the global economic landscape.

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.