Bitcoin has reached a new all-time high (ATH) of $76K, sparking projections of a potential climb to over $100K as the U.S. prepares for a new pro-bitcoin administration.

Analysts and market watchers are abuzz, anticipating a historic rally that could redefine the bitcoin landscape.

The US election on November 5th, 2024 made history as the world witnessed the first US "bitcoin election", reshaping the future of finance and politics.

Donald Trump’s October 31st, 2024 post on X about the Bitcoin whitepaper set the stage, amplifying excitement.

Adding to the momentum, Trump continues to surround himself with pro-bitcoin advocates like Tulsi Gabbard, Vivek Ramaswamy, and RFK Jr., signaling a powerful shift towards a crypto-forward administration.

In recent elections, pro-Bitcoin candidates have achieved significant victories. In Ohio, Republican Bernie Moreno unseated long-standing Democratic Senator Sherrod Brown, who has been in office since 2007, marking a pivotal shift in the state's political landscape.

In Texas, Senator Ted Cruz secured a third term, reinforcing his position as a leading advocate for cryptocurrency in Congress. These outcomes underscore the growing influence of cryptocurrency proponents in U.S. politics.

Senator Cynthia Lummis (R—WY) electrified the bitcoin world on X by announcing that the U.S. will build a strategic bitcoin reserve under the Trump administration, a game-changer for America’s future in finance.

While current holdings are limited to seized bitcoin, this ambitious reserve could define Trump’s second term, akin to the seismic impact of “Obamacare.” Positioned to catapult the U.S. to the forefront of global markets, it’s a bold bid to strengthen the dollar’s reign as the world’s reserve currency.

Gary Gensler's tenure as SEC Chairman, set to expire in 2026, could be cut short under a Trump administration. Appointed by President Biden in 2021, Gensler has taken an aggressive stance against Bitcoin, with SEC-led lawsuits against crypto companies reaching unprecedented levels.

Brian Armstrong, CEO of Coinbase, recently voiced support on X for Hester Pierce, a pro-Bitcoin SEC Commissioner appointed by Trump in 2018, as Gensler’s potential successor. Armstrong praised Pierce as “smart, fair, and professional,” someone who can work across party lines to bring balanced regulation to the crypto space.