Bitcoin Surges Past $107,000 | Trump, Softbank CEO Announce $100 Billion Investment

Bitcoin surged to a record high of $107,000 on Monday. The rally came after President-elect Donald Trump reaffirmed plans to create a U.S. bitcoin strategic reserve, similar to the country's oil reserve. The announcement fueled optimism among crypto investors. In another development, President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son announced on Monday that SoftBank would invest $100 billion in the U.S. over the next four years in what would be a boost to the U.S. economy. Watch NDTV's The World Report for the latest.