There is bullishness in the air and it is lifting the largest token, record after record. Is $100,000 on the horizon?

• Bitcoin Prices BTCUSD jumped to a new record of $97,800 early Thursday morning, with investors pushing the stock higher right after setting Wednesday’s now-old record. It’s been a wild ride for Bitcoin since November 5, when Donald Trump won the presidential election and sparked a buying spree. Traders expect big things to happen for the crypto industry as the newly elected president prepares to step into the White House.
• Lower taxes on crypto companies and no capital gains taxes on crypto trading in the US are just some of the measures expected to boost the industry. The potential creation of a strategic Bitcoin reserve for the US government is another huge step forward: it would mean that the US would never sell its Bitcoin nor buy more than 1 million tokens in a five-year period. All that good stuff makes prices feel hot.
• With its new pump, Bitcoin is approaching the formidable market cap of $2 trillion. Earlier today, the token was at $1.95 trillion, giving it a dominance of 61% ETHUSD jumped modestly to $3,120 and Solana SOLUSD rose 2% to $240 and hovered about $20 away from its all-time high.