$94,000 Bitcoin hits fresh record high

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.

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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.

<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-115506503»> Crypto TrackerTOP 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.

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