Bitcoin has reached an all-time high of $106,803, leading to increased optimism in the crypto market. This surge is attributed to President-elect Donald Trump's proposal to establish a U.S. strategic Bitcoin reserve, hinting at government-level support for BTC. The $100,000 psychological barrier has been broken, positioning Bitcoin for a potential rally towards higher price points. If the U.S. adopts Bitcoin as part of its national reserve strategy, it could set a precedent for other countries to follow suit. However, investors should remain cautious due to the volatile nature of the market.



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