"Trump's Positive Stance on Bitcoin Sends Cryptocurrency Soaring"

Former President Donald Trump spoke favorably about bitcoin and cryptocurrencies, stating that he sees a lot of use for them and is not sure if he would want to take that away. His comments helped push bitcoin to a fresh record high above $72,000, with other cryptocurrencies also seeing price increases. While Trump emphasized the importance of maintaining the U.S. dollar's status as the global reserve currency, he acknowledged the growing significance of cryptocurrency. This marks a shift from his previous negative comments about bitcoin, and comes as the cryptocurrency surged past $70,000 following news of U.K. regulators allowing professional investors to trade exchange-traded notes linked to bitcoin.