Bitcoin surged more than 4% on Friday, reaching $104,672.37, following reports that President-elect Donald Trump may soon issue an executive order making crypto a national priority.
The broader crypto market rose by 3%, with exchange operators Coinbase and Robinhood gaining over 4%.
The potential executive order could include creating a crypto advisory council and a national bitcoin stockpile.
Investors are optimistic that supportive policies under a pro-crypto administration will boost innovation and market growth
,CNBC has reported.
Bitcoin has gained over 11% in 2025 and is nearing its December 2024 record of $108,327.01.
Written by B.C. Begley
B.C. Begley 