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Bitcoin Surges After Trump Election, New Role for David Sacks Announced

Bitcoin's value spikes to $103,713 post-Trump election; David Sacks appointed as White House A.I. and Crypto Czar.

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Trump announces new role for his administration, names PayPal co-founder 'White House AI and crypto czar'

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Trump Names Former PayPal COO David Sacks as ‘White House AI and Crypto Czar’

Epoch Times

Trump picks venture capitalist David Sacks as AI and crypto ‘czar’

The Guardian

Trump names David Sacks as AI, crypto czar

The Hill

Trump says venture capitalist David Sacks will be AI and crypto ‘czar’

NBC News

Trump names David Sacks as White House AI and cryptocurrency czar

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Axios

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Overview

A summary of the key points of this story verified across multiple sources.

In the wake of Donald Trump's election victory, Bitcoin surged to $103,713, buoyed by the nomination of Paul Atkins as SEC chief. Although Bitcoin fell to around $99,000, optimism remains high due to expected pro-crypto regulations. Trump's announcement of David Sacks as the White House A.I. and Crypto Czar, tasked with crafting a legal framework for cryptocurrency, has further excited the market. Experts note the inherent risks and volatility in crypto investments, even with growing institutional interest following these developments.

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Trump announces new role for his administration, names PayPal co-founder 'White House AI and crypto czar'

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Trump announces new role for his administration, names PayPal co-founder 'White House AI and crypto czar'

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Stock market today: Asian stocks are mixed after Wall Street falls ahead of key US jobs report

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Stock market today: Asian stocks are mixed after Wall Street falls ahead of key US jobs report

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Trump names former PayPal executive David Sacks as AI, crypto czar

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Trump names former PayPal executive David Sacks as AI, crypto czar

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Trump names David Sacks as AI, crypto czar

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Trump names David Sacks as AI, crypto czar

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Trump says venture capitalist David Sacks will be AI and crypto ‘czar’

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Trump says venture capitalist David Sacks will be AI and crypto ‘czar’

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Trump names "All In" host and Musk pal David O. Sacks as AI, crypto czar

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Trump names "All In" host and Musk pal David O. Sacks as AI, crypto czar

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Trump says venture capitalist David Sacks will be AI and crypto 'czar'

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Trump names David Sacks as White House AI and crypto czar

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Trump names David Sacks as White House AI and crypto czar

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Donald Trump announces new AI and crypto czar: what we know

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Donald Trump announces new AI and crypto czar: what we know

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FOMO as Bitcoin price surges past $100,000: Is it too late to invest in cryptocurrency?

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FOMO as Bitcoin price surges past $100,000: Is it too late to invest in cryptocurrency?

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Bitcoin falls below $100,000 after reaching the milestone level for the first time

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Bitcoin falls below $100,000 after reaching the milestone level for the first time

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How major US stock indexes fared Thursday, 12/5/2024

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How major US stock indexes fared Thursday, 12/5/2024

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Goldman says these lagging stocks will turn around in 2025. Rest of Street has doubts

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Goldman says these lagging stocks will turn around in 2025. Rest of Street has doubts

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From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto

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From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto

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Bitcoin tops $100,000 for the first time. Here's what's driving gains.

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Bitcoin tops $100,000 for the first time. Here's what's driving gains.

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Nic Carter: Did Bitcoin win the election?

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Nic Carter: Did Bitcoin win the election?

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From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto

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These are the stocks with the highest correlation to bitcoin as the digital currency tops $100,000

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These are the stocks with the highest correlation to bitcoin as the digital currency tops $100,000

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Is it too late to buy bitcoin after it hit $100,000? Experts weigh in.

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Is it too late to buy bitcoin after it hit $100,000? Experts weigh in.

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What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000

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Jim Cramer says this market is too speculative — but 2 stocks are still buys

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Jim Cramer says this market is too speculative — but 2 stocks are still buys

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Trump claims credit for bitcoin hitting $100,000 as pro-crypto administration takes shape with SEC pick

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Trump claims credit for bitcoin hitting $100,000 as pro-crypto administration takes shape with SEC pick

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The road to $100,000 — What's behind bitcoin's storied 2024 run

CNBC·7M·

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This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.

The road to $100,000 — What's behind bitcoin's storied 2024 run

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Stock market today: Wall Street hangs around its records as bitcoin powers above $100,000

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Stock market today: Wall Street hangs around its records as bitcoin powers above $100,000

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Bitcoin just hit $100,000, but how did it get here?

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Bitcoin just hit $100,000, but how did it get here?

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Stock market today: Bitcoin hits $100,000 and Asian shares are mostly higher

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Stock market today: Bitcoin hits $100,000 and Asian shares are mostly higher

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ABC News·7M·

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Stock market today: Bitcoin hits $100,000 and Asian shares are mostly higher

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Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on

ABC News·7M·

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Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on

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ABC News·7M·

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Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on

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ABC News·7M·

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Reliable

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Bitcoin tops $100,000 as big rally sparked by Trump election win rolls on

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Bitcoin races past $100,000, fueled by post-election rally

ABC News·7M·

Center

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Bitcoin races past $100,000, fueled by post-election rally

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