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Bitcoin Surpasses $100,000 for the First Time Following Donald Trump’s Election Victory

Bitcoin has officially exceeded $100,000 for the first time, reaching a high of $103,620. The surge in value comes in the wake of Donald Trump’s electoral win, which investors anticipate will lead to a pro-cryptocurrency U.S. administration. The cryptocurrency has more than doubled in value since the beginning of the year, driven by expectations of regulatory changes and increased ETF approvals. However, consumer advocates warn against speculation and highlight the environmental impact of cryptocurrencies.

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