Bitcoin is nearing $100,000, thanks in part to Donald Trump's re-election. Crypto experts think it's poised to continue, but don't recommend making any rash investment decisions.

Bitcoin neared a $100,000 milestone, fueled by Donald Trump's pro-crypto stance and expectations of a favorable regulatory environment. The cryptocurrency's surge, exceeding 100% since late 2022, attracted significant investment,

Bitcoin has been one of the big winners since Donald Trump's election victory on hopes that he will usher in an era of crypto-friendly policies.

If passed, the Lummis plan would kick off a bitcoin purchasing program to acquire approximately 5 percent of the total bitcoin supply over time. If that happens, bitcoin’s value could surge to new heights, and Lummis thinks her proposal can help reduce the national debt, though that’s questionable.

Bitcoin extended its streak of record highs Friday adding to its explosive growth since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of $100,

Cryptocurrencies have rallied because the incoming Trump administration is expected to be more “crypto-friendly.”