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

SEC Bitcoin Donald Trump Paul Atkins Crypto the Securities and Exchange Commission Cryptocurrency

A coin imitation of the Bitcoin crypto currency [Ozan Kose/AFP]

Bitcoin has topped $100,000 for the first time, buoyed by United States President-elect Donald Trump’s decision to nominate a cryptocurrency advocate to lead the country’s securities regulator.

The world’s most popular cryptocurrency peaked above $103,000 on Thursday, prompting cheers from crypto enthusiasts, who have seen their holdings more than double in value this year.

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