Bitcoin continues to rise, which satisfies Donald Trump. The one who will be inaugurated on January 20 at the White House took credit on Thursday for this cryptocurrency crossing the $100,000 mark.
This symbolic threshold was exceeded overnight, exactly one month after the election of Donald Trump, a major promoter of the sector, who continues to galvanize the cryptosphere. Bitcoin was still hovering around $69,000 on November 5, election day.
The Paul Atkins effect
“Congratulations bitcoin fans!!! 100,000 dollars!!! THERE’S NO MATTER!!! Together, we will make America great again,” the president-elect declared on his Truth Social network. The cryptocurrency reached a record overnight of $103,800.45, after Donald Trump’s announcement on Wednesday of his intention to place Paul Atkins, a close friend of the sector, at the head of the American financial markets policeman, the SEC.
Such a level, far from being imagined sixteen years ago when the currency was created, gives a little more credibility to the still controversial field of digital assets, which sees the return of the Republican leader to the White House as a boon, especially with Elon Musk by his side.
Back and forth by Donald Trump
After calling cryptocurrencies a scam during his first term, Donald Trump changed his tune during his campaign – partly financed by the sector – proclaiming his intention to make the United States “the world capital of bitcoin and cryptocurrencies”.
The surge in recent weeks has also been fueled by the possibility of the creation by Donald Trump of a ministry responsible for cryptocurrencies or the intention attributed to him to create a strategic reserve of bitcoins in the United States, mainly thanks to tokens seized by the courts, which would further legitimize the currency.