Good news keeps adding up! Bitcoin has become a mainstream investment in the United States.

Notice that Bitcoin has returned to near its all-time high, highlighting the increasing acceptance of the digital asset industry in the United States under the leadership of crypto supporter Trump. Market rumors previously claimed that DJT Media & Technology (DJT.US) was in negotiations to acquire the digital asset platform Bakkt (BKKT.US), resulting in a surge in the stock prices of both companies. Other developments include Nasdaq's plan to list options for the iShares Bitcoin Trust, valued at $430 billion, as early as Tuesday, as well as Goldman Sachs Group, Inc.'s push to spin off its digital asset platform, all signs of cryptocurrencies and their underlying blockchain technology penetrating the financial system. Bitcoin surged to $92,606 in the U.S. on Monday, currently priced at $91,045, up 36% since Trump's victory in the election on November 5. Trump's campaign platform includes making the U.S. the world's crypto capital. Significant funds are pouring in. Pepperstone Group research director Chris Weston wrote in a report that the cryptocurrency market is once again active, with Trump media's move on Bakkt being another positive boost for market sentiment. Trump has promised to establish a favorable regulatory framework for digital assets and set up a strategic Bitcoin reserve. However, the timing of his commitments and the feasibility of a Bitcoin reserve remain uncertain. These issues have sparked debates on whether Bitcoin and cryptocurrencies can continue to rise. According to data from the Deribit exchange, the highest concentration of open interest contracts in the options market is betting on Bitcoin reaching $100,000. Technical analyst Katie Stockton of Fairlead Strategies LLC suggests that chart patterns indicate Bitcoin may rise to around $98,100 in the coming weeks. Market analyst Tony Sycamore of IG Australia Pty expresses a preference for buying in at $80,000 during a Bitcoin pullback. ETF options. BlackRock, Inc.'s iShares Bitcoin Trust is the world's largest Bitcoin portfolio. The fund's options may attract new investments into the crypto ecosystem by expanding trading possibilities. The iShares product is one of 12 U.S.-listed Bitcoin exchange-traded funds, attracting around $4 billion in net inflows in the period following the election. The current optimism in the cryptocurrency space has dimmed memories of the painful market crash in 2022, which exposed fraud and other risky behaviors, leading to platform crashes including FTX exchange. On Monday, a woman known as "Wall Street Crocodile" and "Razzlekhan," sentenced to 18 months in prison for helping her hacker husband launder stolen cryptocurrency from the Bitfinex exchange, revealed a twisted history. The stolen bitcoins are currently worth billions of dollars. Trump was once skeptical of cryptocurrencies, but after digital asset companies invested heavily in maintaining his interests during the campaign, he changed strategies. The president-elect now has his own cryptocurrency project. Bloomberg Intelligence senior government analyst Nathan Dean wrote in a report that the likelihood of the U.S. passing comprehensive cryptocurrency legislation by 2025 has risen to about 70%.