Bitcoin hits $100,000 mark for the first time
NEW YORK (AP) — Bitcoin topped $100,000 for the first time as a massive rally in the world’s most popular cryptocurrency, sparked by the election of Donald Trump, rolls on.
The cryptocurrency rallied after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair the Securities and Exchange Commission.
Bitcoin has soared since Trump won the election Nov. 5. The cryptocurrency has climbed from $69,374 on Election Day, hitting as high as $103,713 Wednesday, according to CoinDesk. Just two years ago, bitcoin dropped below $17,000 following the collapse of crypto exchange FTX.
Bitcoin fell back to just under $103,000 early Thursday, but bitcoin futures…
