For over a decade, investors who shunned cryptocurrency have changed their minds amid a surge in prices. The sudden spike, triggered by President Donald Trump’s election victory and his crypto-friendly campaign promises, has made Bitcoin surpass $100,000. This unexpected turn of events is now enticing traders who previously viewed digital assets with skepticism.
Source: https://www.bloomberg.com/news/articles/2024-12-16/bitcoin-at-100-000-lures-long-time-crypto-holdouts-encouraged-by-trump-win