Bitcoin Breaks $100,000 Barrier Amid Pro-Crypto SEC Appointment

Bitcoin has reached a new all-time high, surpassing $100,000, driven by optimism in the crypto market and expectations of looser regulations under President-elect Donald Trump. The appointment of Paul Atkins as the new SEC Chair, replacing the crypto-critical Gary Gensler, has been welcomed by the industry. The surge also coincides with the popularity of new Bitcoin ETFs, providing a safer investment route for conservative investors. While Bitcoin and some alt-coins like Ethereum and Dogecoin have risen, others like Solana and XRP have not followed the trend.