The largest cryptocurrency, Bitcoin (BTC ($85,870.00)) 
$98,368, surged to a remarkable $99,700 mid-week, driven by significant developments in the market. This volatility is attributed to two critical pieces of news: Donald Trump’s new presidential plans and inflation data in the United States.
Trump’s Stance on Cryptocurrencies Sparks Expectations
Donald Trump made striking statements regarding his upcoming presidency before being elected. He suggested that upon taking office, the U.S. Securities and Exchange Commission (SEC) would adopt a more favorable approach to cryptocurrencies.
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