Bitcoin Eyes $100K Amid Market Speculation and SEC Shakeup
TL;DR Summary
Bitcoin is nearing the $100,000 mark, driven by a post-election rally and the announcement of SEC Chair Gary Gensler's upcoming resignation. Analysts suggest Bitcoin could surpass this psychological barrier, with projections reaching $200,000 by 2025. Gensler, known for his strict crypto regulations, will step down as Donald Trump, who has promised to prioritize the crypto industry, takes office. Trump is considering crypto-friendly candidates for the SEC, potentially signaling a shift in regulatory approach.
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- Bitcoin back to $90K next? Traders diverge on BTC price pullback odds Cointelegraph
- Bitcoin Price Is on Fire. Watch Out for These Crypto Market Red Flags and 5 Other Things to Know Today. Barron's
- As bitcoin nears $100,000, investors ask whether the rally can last much longer MarketWatch
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