One Bitcoin is now worth over $100,000

After Donald Trump's announcement of the appointment of Paul Atkins, a fervent defender of cryptocurrencies, as head of the American Financial Markets Regulatory Authority (or SEC), the price of bitcoin soared again . For the very first time in its history, it exceeds $100,000. Here, bitcoin rose to 98,278 euros overnight (around 4 a.m.), before falling to 96,000 a little later.

Bitcoin explodes following Donald Trump's nomination of Paul Atkins

Around 3 a.m., Bitcoin was trading at $103,800.44, an all-time high for the currency. This turnaround is on two levels: on the one hand, around ten years ago, no one expected to see Bitcoin at such a level. Donald Trump himself announced during his first term that it was a scam. Today surrounded by Elon Musk and several prominent figures in the world of cryptocurrencies, this same Donald Trump and his victory in the American presidential elections constituted a perfect catalyst for Bitcoin, which has exploded since. As a reminder, on the day of Donald Trump's election, the cryptocurrency was hovering around $69,000.

In other words, the value of bitcoin has increased by 46% since the election of the American businessman, in just one month. Moreover, during his campaign, Trump was able to announce the color: he would make the United States “the world capital of bitcoin and cryptocurrencies”. Appointing Paul Atkins to the SEC Played a Critical Role in Bitcoin's Explosion in Value Last Night: “Paul Recognizes Digital Assets Are Crucial to Making America Great Than It's Ever Been ” Donald Trump was able to comment.