Pro-crypto US President-elect Donald Trump congratulates Bitcoin enthusiasts on the asset’s latest milestone after reaching an all-time high of $108,000.
Trump once again showed his commitment to the cryptocurrency industry after being mentioned in a recent public appearance. He congratulated the crypto community on Bitcoin’s recent milestone as the leading asset surged to a value new all-time high from $108,000 last week.
US President-elect praises Bitcoin’s new price milestone
Trump made congratulatory remarks at a rally at the Turning Point event in Phoenix, Arizona, on Sunday. Notably, the enthusiastic crowd greeted his comments with cheers and applause, recognizing the president’s role in the groundbreaking Bitcoin milestone.
The 47th US President mentioned the asset as one of the sectors that benefited hugely from his victory in the November 5 election. He then congratulated Bitcoin holders on this remarkable milestone.
Meanwhile, Trump appears to be keeping abreast of the latest developments in the crypto industry. He Also congratulated Bitcoiner after the pioneering cryptocurrency broke the psychological $100,000 price mark in early December.
Nevertheless, Trump is already trying to keep his promises to the industry. He plans to replace SEC Chairman Gary Gensler with a friendlier option. Paul Atkinsand remains committed to ensuring the industry thrives in the United States.
Bitcoin records its first significant weekly loss under Trump
Notably, the congratulations preceded Bitcoin’s worst weekly finish in over six weeks. The top-rated asset saw a correction of 8.52% in the previous week, falling significantly from its opening price of $104,197 to a closing price of…
