The key to Bitcoin's performance is whether Trump will deliver on his promises to the cryptocurrency industry soon after taking office

The cryptocurrency industry has been lobbying Trump to issue an executive order within his first 100 days in office to establish a U.S. Bitcoin reserve, ensure the industry has access to banking services, and create a cryptocurrency advisory committee, Reuters reported last week, citing unnamed sources. The report also said the industry expects at least one order to be issued on January 20. One analyst told MarketWatch that Bitcoin could rise to a record high of more than $125,000 in the first quarter of this year, or it could fall to $77,000 - the key lies in whether Trump will fulfill his promises to the cryptocurrency industry soon after taking office. These promises include that he will make the United States the "Internet cryptocurrency capital" and the "world's bitcoin superpower." (Jinshi)