Bitcoin hits $100,000 as Trump era hopes grow

Q: How long will it take to read this news story?

The story "Bitcoin hits $100,000 as Trump era hopes grow" has 660 words across 25 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Bitcoin hits $100,000 as Trump era hopes grow" was covered 2 weeks ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 2 news stories per day. It's most recent story was published 21 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24129756</li><li>URL: https://beamstart.com/news/bitcoin-hits-100000-as-trump-17333695658929</li></ul>

Financial Times 2w ago

Bitcoin hits $100,000 as Trump era hopes grow - Financial Times

Quick Summary:

Exchange traded funds investing in the cryptocurrency run by mainstream asset managers including BlackRock and Fidelity have pulled in billions since they received regulatory approval in January.

The cryptocurrency’s rise past $100,000 marks a dramatic change in fortune for the sector from two years ago, when the collapse of FTX in late 2022 spurred a crisis in the market and sent the price of bitcoin plummeting to $16,000.

Under Gensler’s leadership, 18 per cent of the SEC’s tips, complaints and referrals were crypto-related, “despite the crypto markets comprising less than 1 per cent” of US capital markets, the agency said in its statement announcing his departure in November.