Bitcoin tops $100,000 after Trump picks crypto-friendly SEC chair

Category: Cryptocurrency

Bitcoin has surpassed $100,000 for the first time, driven by the nomination of Paul Atkins, a cryptocurrency advocate, to lead the SEC. This milestone reflects growing acceptance of Bitcoin as a future reserve currency and a rejection of traditional financial systems. Trump's support for digital assets has significantly influenced Bitcoin's rise, with the cryptocurrency gaining over 130% this year.

Keywords: Bitcoin, Paul Atkins, Securities and Exchange Commission

Source: Aljazeera.com

Update At: 12/5/2024

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