Did President-elect Trump just ignite a Bitcoin firestorm? Many crypto-related stocks posted big gains on Friday, just ahead of next week's inauguration.

Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on his first day back in the White

Bitcoin ( BTC 4.81%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH 3.33%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE 8.00%) is up 7.3%.

A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and

Key Takeaways The price of Bitcoin climbed above $104,000, sending stocks linked to the popular cryptocurrency higher.Crypto exchanges, Bitcoin miners and companies that hold the cryptocurrency as an asset are among the beneficiaries.

The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.

MicroStrategy just added $243 million worth of Bitcoin to its corporate treasury, which is currently worth more than $41 billion.

One year ago today, Gary Gensler and the Securities and Exchange Commission (SEC) finally capitulated and approved the trading of spot bitcoin exchange traded funds (ETF) to go live the next day. These ETFs would go on to be the best performing ETFs in history, with BlackRock’s ETF $IBIT leading the charge, taking in over $52 billion inflows alone.

Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.

XRP prices reached an all-time high of £2.76 this week after reports emerged that Trump could establish the America-First Strategic Reserve to prioritise the Ripple-backed coin.

El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the