Bitcoin, the world’s largest cryptocurrency, has broken through the $100,000 barrier, selling for as high as $103,800 in early trading on Thursday.
The price surge, which marks a 50% increase since Donald Trump’s November election win, has been attributed to the former US president’s pro-crypto pivot.
According to reports, Trump’s administration has tapped crypto advocate Paul Atkins to lead the Securities and Exchange Commission (SEC), further boosting investor confidence in the cryptocurrency.
“Bitcoin reaching $100k is an incredible milestone for our movement,” said Kris Marszalek, CEO of Crypto.com.
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