Bitcoin hits $100,000-mark: How China lost crypto race to US and Trump

Bitcoin smashed the $100,000 barrier, fueled by Trump’s pro-cryptocurrency stance and his appointment of advocate Paul Atkins to the SEC. This win signifies a US dominance shift from China, whose strict regulations pushed crypto businesses stateside. Trump’s policies, including a proposed Bitcoin reserve, further ignited the market, boosting investor confidence and driving Bitcoin’s price surge.