Bitcoin has recently achieved new all-time highs, surpassing $106,000.
This surge is attributed to President-elect Donald Trump's indication of plans to establish a U.S. strategic Bitcoin reserve, signaling a more crypto-friendly administration.
Additionally, institutional interest has grown, with companies like MicroStrategy increasing their Bitcoin holdings and being included in major indices like the Nasdaq 100.
However, potential Federal Reserve policy changes could impact Bitcoin's trajectory. Investors should monitor these developments closely, as the cryptocurrency market remains highly volatile.
