Odaily reported that the crypto industry's heavyweights have backed Trump's 2024 presidential bid, and they now have high hopes for his crypto-friendly policies. According to Reuters, citing unnamed sources, the crypto industry has been lobbying Trump to issue an executive order in his first 100 days in office to establish a U.S. Bitcoin reserve, ensure the industry can access banking services, and create a crypto advisory council, with at least one order expected to be issued by January 20. One analyst said Bitcoin could surge to a new all-time high above $125,000 in the first quarter of this year, or it could drop to $77,000 - it all depends on whether Trump will quickly fulfill his promises to the crypto industry, including turning the U.S. into the "internet crypto capital" and the "world's Bitcoin superpower". (Marketwatch)