Bitcoin’s price surged past $106,000 on Thursday, fueled by developments in U.S. crypto policy and speculation surrounding President Donald Trump’s plans for a national Bitcoin reserve.

A tweet from Senator Cynthia Lummis (who holds bitcoin) has caused a spike in BTC price. Many hoped that she would be announcing the “strategic bitcoin stockpile”, but it seems she’s just announcing her confirmation as chair of the Senate Banking Subcommittee on Digital Assets. pic.twitter.com/MMQXZ55jpd

Dreyfuss and Lisa Pauline Mattackal WASHINGTON (Reuters) - President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.

Senator Cynthia Lummis (R-WY), known as the "Crypto Senator," has been named Chair of the Senate Banking Subcommittee on Digital Assets. What Happened: This appointment signals a renewed push by the United States to establish clear regulatory frameworks for digital assets while advancing initiatives like a U.

Senator Cynthia Lummis will make a significant announcement at 10 am, potentially revealing new developments on a strategic Bitcoin reserve.

Senator Cynthia Lummis leads the first digital assets oversight subcommittee, focusing on US crypto legislation and innovation.

Senator Cynthia Lummis, one of Bitcoin’s loudest advocates in Washington, just leveled up. On Thursday, she was officially named chair of the Senate Banking

Pro-crypto Wyoming Republican Senator Cynthia Lummis has been named the first-ever chair of the new Senate panel devoted to digital assets.

El Salvador started accumulating BTC under Bukele's leadership, fueling speculation about Trump's strategic reserve promises.

Lummis noted that Congress must pass bipartisan legislation to establish a comprehensive legal framework for digital assets.