Summary
- Bitcoin has reportedly surpassed $100,000, marking an all-time high.
- The biggest reason for the rise is said to be the appointment of Paul Atkins, known for his pro-crypto stance, as the next SEC chairman.
- President-elect Trump emphasized the importance of digital assets in American innovation through Atkins' appointment.
Bitcoin (BTC) has reached an all-time high, surpassing $100,000.
As of 11:40 AM on the 5th, Bitcoin is trading at $100,076 on Binance, the world's largest cryptocurrency exchange, up 4.58% from the previous day.
The biggest factor contributing to Bitcoin's rise is the appointment of Paul Atkins, a former Securities and Exchange Commission (SEC) commissioner known for his pro-crypto stance, as the next SEC chairman.
Overnight, U.S. President-elect Donald Trump nominated Paul Atkins as the next SEC chairman. Trump added on Truth Social, "He (Paul Atkins) is a proven leader for sensible regulation," and noted, "Former Commissioner Atkins recognizes that digital assets and other innovations are crucial to making America greater than ever."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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