Trump ignites enthusiasm in the cryptocurrency market again, with Bitcoin reaching a historic high, aiming for 0.11 million dollars?

Last week, the president-elect of the USA, Trump, stated that he plans to establish a Bitcoin strategic reserve similar to the Strategic Petroleum Reserve. Trump said, "We are going to do some great things in the Cryptos field."

Brokerage China17:45

Global stock investors are "passively building positions at a high stock price" in Bitcoin, which has been included in the NASDAQ 100 Index, with MicroStrategy pre-market surging nearly 6%.

① According to the Market Cap of listed companies, Global shareholders equivalent to buying Bitcoin at a price of over 0.2 million US dollars; ② The company itself is currently experiencing continuous losses, and in recent years, the focus of Operation has shifted to becoming "securitized Bitcoin"; ③ The industry closely monitors the logic of the "upward flywheel": Fund passively buys → company rises → buys Bitcoin → Bitcoin rises → company continues to rise.

cls.cn40minutes ago

Powell may have seen through everything long ago; inflation or recovery may just be an illusion!

Gregory Daco, the chief economist at EY Parthenon, pointed out that Federal Reserve Chairman Powell is implementing a "forward-looking inflation determination approach."

Golden10 Data17:20

Express News | Pre-Market Trading: Cryptos Concept is strengthening, MicroStrategy rose over 5%.

Breakings17:05

Latest Cryptos news | Will history be created again? Bitcoin hits the $0.11 million mark; the third state in the USA may launch "Global Strategy Bitcoin Reserve" legislation this week.

After USA Senator Lummis proposed the acquisition of 5% of the Bitcoin supply by the USA government, Ben Simpson, founder and CEO of Collective Shift, analyzed that if the Global Strategy Bitcoin reserve is approved, the market is expected to become unstable, with Bitcoin likely to rise and then possibly decline.

Golden10 Data14:45

Bitcoin Breaks All-time High Above $106,000, Triggers Nearly $120 Million in Liquidations

FXStreet13:31