Bitcoin suddenly skyrocketed to a price of $100,000, contributing to the rally that saw Bitcoin gain 50% in value last month. Sparked a shocking $30 trillion Bitcoin price prediction.

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Bitcoin price has increased steadily this year. A fleet of spot bitcoin exchange-traded funds (ETFs) is attacking Wall Streett, US President-elect Donald Trump’s interest and the Federal Reserve’s interest rate cut expectations—A senior Fed official recently announced a surprise bitcoin exchange.

Now, as traders bet Trump will ‘change the game’ for Bitcoin A leak has revealed that Trump may appoint the White House’s first “crypto czar.”

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ForbesSurprise BlackRock ‘Tipping Point’ Predicted to Send Bitcoin Price to $200,000With Billy Bambrough

Trump’s senior team is meeting with Bitcoin and crypto experts and industry executives to discuss creating a White House role dedicated to cryptocurrency policy, overseeing policy and regulations across the federal government. Bloomberg reportedquoting anonymous sources.

The appointment of a cryptocurrency czar from the White House bolsters already high hopes that Trump could create a US bitcoin strategic reserve that would enable him to fulfill promises he made at a bitcoin conference in Nashville, Tennessee, in July to make the US “cryptocurrency”. It will probably increase expectations. capital of the planet.”

Speculators on the crypto-backed Polymarket prediction platform now see the odds of Trump creating a bitcoin strategic reserve at more than 40%, with rates rising sharply following leaks of Trump’s cryptocurrency czar discussions.

Earlier this year, U.S. senator Cynthia Lummis (R-Wyo.) introduced the Bitcoin Act to Congress, calling for the creation of a strategic bitcoin reserve to reduce the spiraling U.S. national debt of almost $36 trillion by purchasing 1 million bitcoins within five years. found. .

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Forbes‘Big Things Are Coming’—Bitcoin Suddenly Explodes, Mysterious Rumors About Secret ‘Nation-State’ Adoption Fuel Crypto Price ExplosionWith Billy Bambrough

Meanwhile CEO David Bailey Bitcoin Magazine Publisher Bitcoin Inc and Trump’s bitcoin strategy adviser said he believes Trump may appoint senator Bill Hagerty, a bitcoin and crypto advocate, as treasury secretary.

“If that happens, back up the truck and dump everything you have into Bitcoin,” Bailey said. sent To X.