Bitcoin up as Cryptophiles vie to head regulators

The president-elect has vowed to undo a crackdown on digital assets imposed by the Biden administration and instead foster industry growth, including setting up a national Bitcoin stockpile. The Republican's pledges ignited a wave of optimism that lifted the token to within a whisker of a record $100,000 last week, before the mood turned cautious as traders awaited concrete steps.

from Economic Times https://ift.tt/5rRIeXp