Bitcoin surges above $100,000 for the first time

Bitcoin surged to $100,000 for the first time on Wednesday, hitting a new record after President-elect Donald Trump nominated Paul Atkins, a crypto advocate, to lead the SEC.

Atkins is expected to regulate cryptocurrency with a more lenient approach than current SEC chair Gary Gensler, who has been critical of the industry.

Bitcoin’s rise is part of a broader post-election rally, with the cryptocurrency up over 130% for the year, CNN has reported.

read more: https://www.cnn.com/2024/12/04/tech/bitcoin-100k-trump-hnk-intl/index.html

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