Bitcoin is inching up toward six-figure valuation as investor optimism remains high due to Donald Trump’s incoming presidency and optimistic signs for cryptocurrency regulation.
Bitcoin printed its biggest monthly candle in crypto history as it inched up toward the $100,000 milestone, driven by growing investor appetite bolstered by Donald Trump’s victory in the United States presidential election on Nov. 5.
Adding to the positive crypto industry outlook for the next four years, official documents revealed that Trump’s social media company has sought a trademark filing for computer software used for cryptocurrency trading and digital wallet services.
Bitcoin price printed the biggest monthly candle in crypto history, as the world’s first cryptocurrency nears the six-figure valuation for the first time.
