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Bitcoin nears $100k as investors eye regulatory changes
Bitcoin is nearing the US$100,000 mark as investors anticipate regulatory changes following Congress’ certification of Donald Trump’s election victory on Monday.
The cryptocurrency rose by 1.41% to US$99,871, reflecting a weekly increase of 5.66%, the largest since late November.
In 2024, Bitcoin reached an all-time high of US$108,315 but saw a downturn in December as investors took profits.
The Bitcoin Coinbase Premium has recently rebounded, indicating increased interest in US-based trading.
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