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Bitcoin Smashes Records as Trump Signals Strategic Reserve Plans
Bitcoin surged to a record high of over $106,000 on Monday, buoyed by comments from President-elect Donald Trump. Trump hinted at creating a US Bitcoin strategic reserve similar to the country’s oil reserves. The world’s largest cryptocurrency has rallied over 50% since Trump’s election on November 5. Analysts believe the next target for the market is $110,000.
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