Bitcoin Approaches $100K Amid Market Turbulence and Leadership Changes

TL;DR Summary
Bitcoin is nearing the $100,000 mark following a surge in the cryptocurrency market, driven by expectations of favorable regulation under the Trump administration. This comes as SEC Chair Gary Gensler, known for his anti-crypto stance, announces his resignation. The crypto industry is optimistic about potential regulatory changes and the creation of a White House role focused on cryptocurrency policy.
Topics:business#bitcoin#cryptocurrency#cryptocurrency-regulation#gary-gensler#sec#trump-administration
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- Novogratz warns that there will be a bitcoin correction, says crypto is 'levered to the gills' CNBC
- Breakingviews - Bitcoin’s $100,000 moment will be a perfect storm Reuters
- Bitcoin is at the doorstep of $100,000 as post-election rally rolls on The Associated Press
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