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Bitcoin Breaks New Record Over $98,000 as MicroStrategy Rises and Trump Deems ‘Crypto Czar’

The Bitcoin rally continues as the largest cryptocurrency by market cap rose above $98,000 heading into the U.S. morning Thursday. This comes as MicroStrategy and other companies that own corporate bitcoin treasuries are soaring and President-elect Trump is reportedly talking to the crypto industry about a new White House post dedicated to crypto policy. In addition, former FTX director Gary Wang was spared prison time by a judge. CoinDesk Daily host Christine Lee breaks down the biggest headlines in the crypto industry today.