Bitcoin has shattered the One Hundred Thousand Dollars milestones, riding a wave of investor confidence sparked by U.S. President-elect Donald Trump’s pro-crypto pivot.
The World’s largest cryptocurrency surged as high as One Hundred Three Thousand Eight Hundred Dollars on Thursday, marking a 50-percent rise since Trump November election win.
The rally intensified after Trump nominated crypto advocate, Paul Atkins, to lead the Securities and Exchange Commission, SEC, signalling a shift toward a more favourable regulatory environment.
Atkins’ appointment, along with Trump’s pledge to make the U.S the Bitcoin superpower of the World has electrified the market.
-9News Nigeria.