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Bitcoin Surges Past $117K as Trump Taps Stephen Miran for Federal Reserve
An executive order paving the way for crypto to be included in 401(k) plans is also helping boost prices on Thursday.
President Trump has nominated Stephen Miran to join the Fed's Board of Governors.
The news is combining with an executive order allowing crypto to be included in 401(k) retirement plans.
Bitcoin is higher by 2% to $117,500.