Bitcoin breaks $100,000 barrier for first time on hopes Trump will deregulate sector

Bitcoin on Thursday for the first time broke the $100,000 barrier after US president-elect Donald Trump announced he had nominated crypto proponent Paul Atkins as chair of the Securities and Exchange Commission. Bitcoin has soared more than 50 percent since the election, spurred by Trump’s pledge to make the US the "cryptocurrency capital of the world".

Dec 5, 2024 - 07:00
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Bitcoin breaks $100,000 barrier for first time on hopes Trump will deregulate sector
Bitcoin on Thursday for the first time broke the $100,000 barrier after US president-elect Donald Trump announced he had nominated crypto proponent Paul Atkins as chair of the Securities and Exchange Commission. Bitcoin has soared more than 50 percent since the election, spurred by Trump’s pledge to make the US the "cryptocurrency capital of the world".

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