Brief by Shorts91 Newsdesk / 08:56am on 06 Dec 2024,Friday International
US President-elect Donald Trump claimed responsibility for Bitcoin’s surge past $100,000, celebrating the cryptocurrency’s rise since his election. On Truth Social, he wrote, "You're welcome!" after Bitcoin hit a record high of $103,800.45 on December 5, 2024. The digital asset has soared by around 140% since Trump’s victory, with optimism rising following his nomination of cryptocurrency advocate Paul Atkins to lead the SEC. Trump's change of stance, from previously calling cryptocurrencies a "scam" to supporting deregulation, has fueled the rally. Bitcoin’s ascent marks a transformative moment for digital assets.
