Bitcoin Eyes $100K Amid Market Speculation and SEC Shakeup
TL;DR
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.
- Bitcoin Looks Past $100K As SEC Chair Gary Gensler Plans To Step Down Investor's Business Daily
- Bitcoin is doing the thing it needs to do: Morning Brief Yahoo Finance
- 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
Want the full story? Read the original reporting
Read on Investor's Business Daily