<h1>Bitcoin Surges Over $100K as New Administration Embraces Crypto; Plans for US Crypto Stockpile and Regulatory Changes.</h1> Bitcoin's value surged past USD 100,000 as the cryptocurrency industry anticipates favorable actions from the incoming administration. The President-elect, previously a skeptic, now supports digital currencies and plans to promote the US as a 'crypto capital.' His administration's proposals include creating a US crypto stockpile and appointing a crypto czar. Key cabinet picks are crypto advocates, suggesting regulatory changes. Industry supporters celebrated with a 'Crypto Ball,' indicating strong backing for the new administration. Critics remain concerned about cryptocurrencies' volatility and potential misuse, while advocates see government stockpiling as a step towards legitimacy.