Bitcoin Surges to $100K: Investment Insights and Market Reactions
TL;DR Summary
Bitcoin reached a historic milestone by hitting $100,000, while Ether surged past $4,000 for the first time since March 2024. In political news, US President-elect Donald Trump nominated pro-crypto Paul Atkins to replace Gary Gensler as SEC chair, signaling potential regulatory shifts. Meanwhile, the SEC is reportedly set to reject applications for spot Solana ETFs, and influencer Haliey Welch's Hawk Tuah memecoin faced backlash after a rapid price drop amid allegations of insider trading. Additionally, the FDIC has asked banks to pause crypto activities due to regulatory uncertainties.
- BTC hits $100K, Trump taps Paul Atkins for SEC chair, and more: Hodler’s Digest, Dec. 1 – 7 Cointelegraph
- What to know about investing in bitcoin after its price hit $100,000 NBC News
- Up 300% In A Month, XRP Is Just Getting Warmed Up Forbes
- Cryptocurrency advocates: Hawaii poised to cash in on Bitcoin boom Hawaii News Now
- Bitcoin hit $100,000 this week—here's how much money you'd have now if you invested $1,000 in it 10 years ago CNBC
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