The cryptocurrency industry has seen a series of significant developments, from record prices to regulatory and technological advances, marking a watershed moment for digital assets. Bitcoin hit a new record high of $108,268, according to CoinMarketCap, after surging 60% since the U.S. election.
The surge is attributed to President-elect Donald Trump’s pro-crypto stance, which has boosted investor confidence in the market. The Trump administration is expected to adopt more crypto-friendly policies, further boosting institutional interest in digital assets.