Bitcoin he also joined a crypto conference on Friday amid reports that the president-elect Donald Trump they may soon release a major law making crypto more important in the world.

The popular cryptocurrency was up more than 4% at $104,672.37, according to Coin Metrics. The growing crypto market, as they see it is CoinDesk 20 index, rose another 3%, after a 4% increase on Thursday.

Parts of the exchange Coinbase and Robinhood progressed more than 4% each. Trading activities in small cap cryptocurrencies benefit trading platforms. Craving a small cap, risk coins have grown ahead of Trump’s inauguration, and litecoin it is up 30% in the last two days.

The move follows Bloomberg report late Thursday that Trump may create the crypto advisory board he had previously promised, giving the industry a voice within his administration. The bitcoin pile is part of the discussion of a possible plan that will affect several areas of the crypto policy, New York Times report the same day.

The increased optimism comes after warnings from Wall Street this month that while having a pro-crypto Congress and White House in 2025 is sure to help with new companies and assets, it may take some time for the market to feel the effects.

Coins and crypto projects outside of bitcoin will undoubtedly gain more from clear policy and regulatory support, as they have been heavily involved in SEC lawsuits and bank discrimination under the Biden administration. Some investors say that bitcoin could see a rocket train rally, however, if a national database or storage facility is established.

Bitcoin has been the most traded stock so far this year. It has been rallying since late December, when Federal Reserve chairman Jerome Powell sounded the alarm about inflation falling this week after two cold December reports. Bitcoin ETFs have seen more than $1 billion in the past two days.

Investors expect any announcements from regulators coming next week to send bitcoin higher — possibly to a new record.

The increased optimism comes after warnings from Wall Street this month that while having a pro-crypto Congress and White House in 2025 is sure to help with new companies and assets, it may take some time for the market to feel the effects.

“New leadership and a new SEC chairman open the door to new opportunities for cryptocurrency evolution,” JPMorgan analyst Kenneth Worthington said. he said in a letter this week. However, he added that, “we do not see the next wave of cryptocurrency (exchange trading products) starting to be meaningful for the crypto environment given the small capitalization of the market and other indicators with very low investor interest.”

Bitcoin’s record is $108,327.01, as of Dec. 17. Increased by more than 11% in 2025.