Bitcoin Climbs Toward $100,000 on Trump’s Pro-Crypto Pick for SEC

Bitcoin Climbs Toward $100,000 on Trump’s Pro-Crypto Pick for SEC

From bnnbloomberg.ca

President-elect Donald Trump’s pick of a crypto proponent to be the next head of the US securities regulator lifted Bitcoin to within a whisker of a record $100,000 as traders warmed to the prospect of relaxed regulations. The largest digital asset rose more than 3% to $99,226 at one point in the US on Wednesday before easing to $98,451 early in Asian trading on Thursday. The crypto market overall has jumped by roughly $1.4 trillion since Trump’s US election victory on Nov. 5 on a platform that includes a tight embrace of crypto. Trump selected Paul Atkins to replace outgoing Securities & Exchange Commission ... (full story)

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