Bitcoin Hits $100,000 as Pro-Crypto Trump Administration Takes Shape

Cryptocurrency Surge Follows Nomination of Paul Atkins to Lead SEC, Boosting Market Confidence Bitcoin has hit a major milestone, surging to $100,000 for the first time on Wednesday, driven by renewed optimism surrounding a pro-crypto administration under President-elect Donald Trump. The cryptocurrency’s surge follows the announcement of Trump’s administration picks, particularly the nomination of Paul Atkins to lead the Securities and Exchange Commission (SEC), signaling a shift towards more favorable regulatory policies for the crypto industry. Atkins, a former SEC commissioner and vocal advocate for cryptocurrency, is expected to take a more lenient approach to cryptocurrency regulation compared to the … Continue reading Bitcoin Hits $100,000 as Pro-Crypto Trump Administration Takes Shape