Bitcoin reached a significant milestone on Wednesday, hitting $100,000 for the first time. This surge came after President-elect Donald Trump revealed his administration picks, who are expected to support crypto-friendly policies upon taking office in January.
One key pick is Paul Atkins, set to be nominated to lead the Securities and Exchange Commission (SEC), the regulatory body overseeing cryptocurrency. Atkins, a former SEC commissioner and crypto advocate, is anticipated to adopt a more lenient approach towards regulating cryptocurrency compared to the current SEC chair, Gary Gensler.
