Bitcoin Rises But Stays Below $100K — Market Talk
Bitcoin edges higher but continues to trade below $100,000 following a correction in recent weeks. The fading of the so-called "Trump trade" has weighed on bitcoin, XTB's Kathleen Brooks says in a note. Traders are betting that U.S. President-elect Donald Trump will deliver more crypto-friendly policies. Trump has vowed to make the U.S. the crypto capital of the world. Bitcoin is last up 0.7% at $98,879 but remains well below the December 17 record high of $108,379, according to LSEG. ([email protected])