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International Business Times
International Business Times
Business
Marvie Basilan

Crypto Rally: Bitcoin Nears $100K, $XRP Outperforms Other Top Tokens In 7-Day Spike

Bitcoin Crypto XRP Donald Trump The Trump CoinGecko Cardano SEC the White House
Bitcoin (₿) is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009, when its implementation was released as open-source software. (Credit: Jorge Franganillo/flickr)

KEY POINTS

  • $BTC traded above $97,800 at one point early on Thursday amid news Trump is considering a new crypto-focused role
  • $XRP has been on a week-long rally, outperforming Bitcoin and all other tokens on CoinGecko's Top 10
  • Bitcoin is close to joining two big tech giants in the $2 trillion market cap club

Bitcoin has yet again broken its previous all-time highs and is less than $3,000 away from $100,000, marking a significant spike in the digital currency's 24-hour rally amid news that U.S. President-elect Donald Trump is considering the first-of-its-kind crypto-focused position in the White House.

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