a day ago
Bitcoin soars as hopes rise for Trump's cryptocurrency vision
U.S. presidential candidate Donald Trump speaks in July 2024 at the Bitcoin Conference in Nashville, Tennessee, where he pledges to make America "the crypto capital of the planet and the bitcoin superpower of the world." © Reuters
TAKANOBU AIMATSU
TOKYO -- Bitcoin surged passed $120,000 for the first time on Monday, riding expectations that Congress will advance legislation that could realize President Donald Trump's vision of making the U.S. a cryptocurrency superpower.
Bitcoin briefly reached the $123,000 range in the early hours of Monday. It dipped below $120,000 around midday before passing the mark again in the early afternoon, according to CoinMarketCap.