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Super crazy encryption political proposal promotes big pump! Trump sends congratulations on Bitcoin breaking 100,000: You're welcome
BTC breaks through $100,000
Yesterday (December 6th), BTC ($BTC) made history, officially crossing the $100,000 mark, reaching a new all-time high of $103,900. For a moment, the community was filled with congratulatory posts, and major media, whether in finance, traditional media, or the crypto world, all rushed to report on it.
Considered the 'largest Favourable Information since November', nothing beats the confirmation of former US President Donald Trump's election and his announcement of a series of policies favorable to Bitcoin and the entire cryptocurrency industry after taking office in January next year.
At the important moment when BTC broke 100,000 yesterday, Trump also posted on his social media Truth Social, congratulating BTCholder and HODLer around the world: "Congratulations BTC!!! $100,000! You're welcome! We will make America great again."
Image source: Truth Social Trump congratulates BTC in his post
Experts pointed out that Trump's post is not only a congratulation for Bitcoin breaking 100,000, but also a hint in another way that he will firmly implement the friendly policies towards Bitcoin and the Crypto Assets industry as promised earlier.
Trump's actions also demonstrate his determination. After his election, he quickly nominated Paul Atkins, who is friendly to Crypto Assets, as the SEC chairman. Meanwhile, the current chairman, Gary Gensler, who has always been seen as an enemy of the crypto world, also announced his resignation on January 20, 2025.
Trump's 'New Honeymoon Period' with Cryptocurrency
Interestingly, Trump has criticized BTC many times in the past, calling it an "eyewash", but since last year, Trump's attitude has begun to show a significant change.
In July last year, Trump attended the BTC 2024 conference held in Nashville, Tennessee and made several commitments, including releasing Ross Ulbricht, the founder sentenced in the Silk Road dark web case, dismissing Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), and establishing BTC reserves in the United States. These policies quickly gained him popularity in the cryptocurrency community.
In terms of policy, Trump's policies directly hit the core demands of Crypto Assets supporters. The Republican Party led by him directly promises to support the development of Bit and digital assets, and will prevent the 'illegal suppression' of the American Crypto Assets industry.
The Republican Party's support for BTC is not only based on technical or economic considerations, but also a political strategy to attract young voters. According to recent surveys, approximately 17% of adults in the United States hold cryptocurrency, with a significant proportion being young people.
With Trump's imminent return to the White House, the market is full of expectations for his encryption policies. However, whether his political views can be implemented as scheduled still needs to be observed over time. After all, there are still differences in the regulation of cryptocurrencies within the United States, and some states and institutions still maintain strict attitudes towards mining and trading platforms.
However, it can be confirmed that as BTC approaches the milestone of $100,000, Cryptocurrency, which has entered the national spotlight, is no longer just a fad in the small circle it used to be, but an undeniable part of the global economy.
【Disclaimer】There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific situation. Invest at your own risk.
The article 'Crazy encryption policy promotes big pump! Trump congratulates Bitcoin breaking 100,000: You're welcome' was first published in 'Encryption City'.