Cryptocurrencies

Bitcoin Soars Past $100,000 on Trump’s Pro-Crypto Pick for SEC

President-elect chose crypto proponent Atkins for SEC chief
Digital asset had jabbed at the six-figure mark for two weeks

Bitcoin Hits $100,000 for First Time, Now What?

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By Sunil Jagtiani and Sidhartha Shukla

December 5, 2024 at 1:17 AM UTC

Updated on

December 5, 2024 at 1:59 PM UTC

President-elect Donald Trump’s pick of a crypto proponent to be the next head of the US securities regulator lifted Bitcoin to $100,000 for the first time as traders warmed to the prospect of relaxed regulations.

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