SEC Chair Gary Gensler confirms he will resign in January, opening a new chapter for the cryptocurrency market. Gensler, who was previously criticized by the crypto community for his strict enforcement measures, announced this via Twitter and the SEC website, calling it the "honor of a lifetime" to keep the U.S. capital markets leading the world.

Bitcoin surged to $98,200 following this announcement, reflecting market optimism ahead of the leadership change. With Donald Trump elected President, the community is hoping for more crypto-friendly policies. 🚀