As Donald Trump prepares to fulfill a lengthy list of campaign promises, the president-elect’s vow to ensure that all remaining Bitcoin is “made in the USA” may prove to be one of the most challenging to keep.
Donald Trump‘s campaign promise to bring all Bitcoin (CRYPTO: BTC) mining operations back to the United States faces considerable obstacles, despite his newfound support for the cryptocurrency industry.
Russia has begun using Bitcoin and other digital currencies for international trade. This move follows legislative changes aimed at countering Western sanctions. The shift aligns with US President Joe
Bitcoin reacted by hitting an all-time high of $89,800, driven by optimism over Trump’s perceived crypto-friendly stance. The year concluded with fireworks in December as Bitcoin broke through the psychological barrier of $100,000 to hit an all-time high of $108,268.45 on December 17 according to to CoinMarketCap.
Cryptocurrency markets have soared since Donald Trump won the U.S. presidential election in November. The asset climbed from $69,374 on Election Day, hitting as high as $106,490 last week, largely accelerated by Trump's win and his pledge to make the country "the crypto capital of the planet."
The price of bitcoin has tumbled about 12% from a record high reached earlier this week. After topping $108,000 for the first time on Tuesday, the world’s largest cryptocurrency dropped to a price below $93,000 in early trading on Friday. Bitcoin soon recovered some of those losses, settling around $95,000 at 9:30 a.m. ET.
Australia’s market analysts have forecast steady growth for the domestic sharemarket in 2025, despite looming uncertainties hanging over the next 12 months.
Bitcoin hit a record high above $107,000 Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve.
President-elect Donald Trump has been promoting the idea of creating a ‘Strategic National Bitcoin Stockpile,’ but the purpose of such an institution remains unclear.
As 2024 draws to a close, it is clear that the year has been marked by seismic shifts across politics, economics, technology, and geopolitics. From groundbreaking advancements in artificial intelligence to unprecedented changes in the cryptocurrency landscape,