Bitcoin surged toward $100,000, fueled by market optimism over Donald Trump’s rumored SEC nominee known for pro-crypto policies. The cryptocurrency’s price climbed sharply after reports suggested Trump may select a commissioner supportive of decentralized finance and blockchain innovation.
The anticipated nomination could mark a significant shift in regulatory sentiment toward digital assets in the United States. Analysts believe a crypto-friendly SEC chair could pave the way for clearer guidelines and broader adoption of cryptocurrencies, driving the bullish sentiment in the market. While speculative, the news has heightened confidence among investors seeking long-term gains in Bitcoin and other digital currencies.
