Axios: Trump wants Bitcoin price to rise to $150,000

According to a report from Axios, Mr. Trump seems to be "very eager" for Bit to continue rising in price and may even surpass $150,000. The report cites an anonymous source from the transition team. Both Bit and the broader cryptocurrency market have been on an upward trend since Trump defeated Vice President Kamala Harris. Axios further revealed that Trump "will focus a lot on the Bit price," with the source stating that this cryptocurrency is like a "different stock market" for the politician. During his previous term, Trump frequently used the growth of the U.S. stock market to demonstrate the success of his administration in managing the economy. Since being elected in November, the Bit price has risen from around $68,000 to a record high of $103,000. Less than a week ago, Trump congratulated the Bit community on the social media platform Truth Social when the world's largest cryptocurrency by market Capital surpassed the $100,000 milestone. In the post, he seemed to imply that he himself had contributed to this price increase.