Bitcoin's Price Surge Towards $100,000

Bitcoin is close to reaching $100,000, driven by expectations of favorable US regulations and increasing investor interest due to President-elect Donald Trump's support for crypto. The market has gained about $1 trillion since Trump's election win. The latest US developments suggest a more crypto-friendly regulatory environment under Trump's administration.

Bitcoin's value nearing $100,000 and the impact of Donald Trump's victory on the rally

Bitcoin's value is predicted to hit $100,000 per coin due to recent rally post Donald Trump's victory, driven by optimism around pro-crypto policy pledges, though its future remains uncertain.

Crypto Market Manipulation Trial in New York

Federal jurors in New York are deliberating whether a trader manipulated the Mango Markets cryptocurrency exchange to steal $110 million or followed legal strategies permissible under the platform's rules. The trial is the first of its kind involving crypto market manipulation in the US.