Bitcoin falls below $100,000 after reaching the milestone level for the first time
Late Wednesday night saw the price of bitcoin leap above the eagerly anticipated $100,000 milestone for the first time ever.
The leading cryptocurrency withdrew from the milestone by Thursday afternoon. According to Coin Metrics, it was recently up 0.28% at $99,140.00, trading at the lows of Thursday's trade after some investors took profits. It reached as high as $103,844.05. on Wednesday night.
Following President-elect Donald Trump's announcement that he intended to name Paul Atkins as the Securities and Exchange Commission's chair, the action was taken. By replacing Gary Gensler, who has become into a bit of a monster in the crypto world due to the agency's regulation-by-enforcement strategy against the sector under his direction, the nomination may fulfill Trump's most significant cam...