Bitcoin recently reached new highs, with the $100,000 mark just "a step away"
The next president of the United States, Trump, supports cryptocurrencies, boosting investor interest. Additionally, the U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler announced his resignation next year, encouraging Bitcoin to reach new highs, now just a step away from the $100,000 mark.
Recently, Bitcoin has repeatedly set new high records. According to Coin Metrics, Bitcoin rose by 0.4% on the 22nd, reaching $98,692, and earlier touched a historical high of $99,525. Since Trump's victory on November 5th, Bitcoin has surged over 40%, with the overall market value of cryptocurrencies skyrocketing by $1 trillion.
Gensler announced on the 21st that he would resign on January 20th next year, the same day as Trump's inauguration. According to tradition, the SEC chairman will resign on that day or before. During Gensler's tenure, there was strict regulation on cryptocurrencies, and investors expect Trump to create a more favorable regulatory environment for cryptocurrencies once he takes office. Trump's transition team has begun discussions on whether to establish a position in the White House dedicated to digital asset policy.
Trump's support for cryptocurrencies has injected optimism into Wall Street. Rick Wurster, who is set to become the CEO of Charles Schwab, stated that once regulatory changes come to fruition, Schwab plans to launch spot cryptocurrency trading services.
Chris Weston, head of research at Australian brokerage Pepperstone, stated that Bitcoin's momentum is pushing towards $100,000, and the world is closely watching Bitcoin break through this significant barrier. We believe the likelihood of Bitcoin reaching this milestone is increasing.
All assets related to Musk are sure to soar in the coming years, with successful previous cases such as: Doge, Shib, Floki, Pnut. Currently, #Marvin , as Musk's favorite dog, will definitely be a hot topic in the future, and the community continues to build, whether in peaks or troughs, they remain true to their core. Currently, with a market value of ten million, #MARVIN is definitely the best choice for this bull market.
