Bitcoin breaks $US100,000 for the first time, pumped by Trump
Cryptocurrency Bitcoin has broken through the $US100,000 barrier for the first time, after a surge in value this year on the increasing promise of a Donald Trump presidency and a recent spike on its realisation.
The president-elect has promised to make the US the “crypto capital of the planet” and is setting about making decisions that will boost digital currencies, of which Bitcoin is the most dominant.
Overnight, he announced he intended to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission (SEC), the US market regulator akin to the Australian Securities and Investments Commission (ASIC).
Donald Trump called Mr Atkins a “proven leader for common-sense regulations”.
On his social media site, the…
