Synopsis
“Trump’s seeming interest to push further into crypto on a personal level has contributed to optimism that crypto will be a top priority when Trump takes office,” said Stephane Ouellette, chief executive officer of crypto trading firm FRNT Financial.
New York: Bitcoin rose to a fresh record high above $94,000 as a report that Donald Trump’s social media company was in talks to buy crypto trading firm Bakkt boosted expectations of a crypto-friendly regime under his incoming administration.
Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled this year. It was last at $94,291 just under a record high of $94,378.
The Financial Times said Trump Media and Technology Group , which operates Truth Social, is close to an all-stock acquisition of Bakkt, which is backed by NYSE-owner Intercontinental Exchange.
Crypto Tracker
TOP COIN SETSWeb3 Tracker9.10% BuyDeFi Tracker8.53% BuyNFT & Metaverse Tracker7.13% BuySmart Contract Tracker3.98% BuyAI Tracker-0.70% BuyTOP COINS (₹) Bitcoin7,948,239 (1.94%)BuyTether84 (-0.09%)BuySolana19,981 (-0.48%)BuyEthereum259,939 (-1.17%)BuyBNB51,380 (-1.32%)Buy”Trump’s seeming interest to push further into crypto on a personal level has contributed to optimism that crypto will be a top priority when Trump takes office,” said Stephane Ouellette, chief executive officer of crypto trading firm FRNT Financial.
