Leaving behind months of doubts about the value of cryptocurrencies, Bitcoin is at its best in history. The value of the currency has exceeded $100,000 for the first time in history and continues to rise strongly.
He reason why the growth in the value of the cryptocurrency has grown more than 4% in a single day – reaching a valuation of $102,732.6 – is the proposal made by the next president of the United States to Paul Atkins to appoint him head of the Securities and Exchange Commission (SEC). USA.
Atkins is a fervent defender of cryptocurrencies, so from his position in the institution that regulates the financial market in the country he could undertake a very important push in the adoption of digital currencies in the country.
The new head of the SEC will take office on January 20, 2025, the day on which Donald Trump will also return to the White House. As Trump has stated on his own social network –Truth Social– Atkins, “believes in the promise of strong and innovative capital markets that respond to the needs of investors and provide capital to make our economy the best in the world.”
“He also recognizes that digital assets and other innovations are crucial to making the US greater than ever,” Trump said of Atkins, who will replace Gary Gensler, who resigned last November and whose position on crypto assets It was totally opposite.
With this phrase, which recognizes that the role that digital currencies will have during the next legislature will be crucial, and the confirmation of Atkins, who was already supervisory commissioner at the SEC during the term of George Bush Jr., has been Euphoria has been unleashed in the cryptocurrency space. It is expected to make the existing strict financial regulation in the United States more flexible regarding digital assets.
But this rise is nothing more than the latest climb after a record year. So far in 2024, Bitcoin has increased its value by 140%becoming the largest investment asset of all public companies in the United States. Its market value is above two trillion dollars, an amount greater than all the state bonds in Spain.
Curiously, more than 45% of the increase in that value has occurred since November 6, when Donald Trump won the presidential elections in the United States.
