Bitcoin reached the six-figure mark for the first time on Dec. 5, signaling a significant milestone for the cryptocurrency markets. One of the primary reasons for the gains was the sustained inflows into United States Bitcoin exchange-traded funds (ETFs).
As Bitcoin emerges as a strong challenger to traditional assets like gold, there is rising global debate around BTC’s role as a national reserve asset. It was President-elect Donald Trump who sparked conversations around Bitcoin reserves after he endorsed it as the “core of financial independence” for the United States.
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