{"id":25927,"date":"2024-12-05T11:33:06","date_gmt":"2024-12-05T11:33:06","guid":{"rendered":"https:\/\/swn.af\/en\/?p=25927"},"modified":"2024-12-05T11:33:06","modified_gmt":"2024-12-05T11:33:06","slug":"bitcoin-breaks-100000-reaching-new-record-high","status":"publish","type":"post","link":"https:\/\/swn.af\/en\/2024\/12\/bitcoin-breaks-100000-reaching-new-record-high\/","title":{"rendered":"Bitcoin breaks $100,000, reaching new record high"},"content":{"rendered":"<p><strong>MONITORING (SW) &#8211; The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high.<\/strong><\/p>\n<p>The value of the world&#8217;s biggest cryptocurrency has been boosted by hopes US President-elect Donald Trump will adopt crypto-friendly policies.<\/p>\n<p>The milestone was reached hours after Trump said he would nominate former Securities and Exchange Commission (SEC) commissioner Paul Atkins to run the Wall Street regulator.<\/p>\n<p>Mr Atkins is seen as being far more pro-cryptocurrency than the current head of the SEC, Gary Gensler.<\/p>\n<p>The $100,000 milestone prompted celebrations from cryptocurrency fans around the world, reported BBC.<\/p>\n<p>The value of a single bitcoin is one of the barometers of optimism in the cryptocurrency industry which is now estimated to be worth $3.3tn, according to analysis firm Coin Market Cap.<\/p>\n<p>Trump&#8217;s election victory last month was the catalyst for the latest surge.<\/p>\n<p>The president-elect has vowed to make the US &#8220;the crypto capital of the planet&#8221; &#8211; a remarkable turnaround given as recently as 2021 he was calling Bitcoin a &#8220;scam.&#8221;<\/p>\n<p>A valuation of $100k represents a 40% increase on election day in the U.S. and more than double the price it started the year at.<\/p>\n<h6><em><strong>ENDS<\/strong><\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>The value of the world&#8217;s biggest cryptocurrency has been boosted by hopes US President-elect Donald Trump will adopt crypto-friendly policies.<\/p>\n","protected":false},"author":9,"featured_media":25928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[990,984,194,981,7],"tags":[],"class_list":["post-25927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-news","category-world","category-economy","category-headline"],"views":39,"_links":{"self":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts\/25927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/comments?post=25927"}],"version-history":[{"count":1,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts\/25927\/revisions"}],"predecessor-version":[{"id":25929,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/posts\/25927\/revisions\/25929"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/media\/25928"}],"wp:attachment":[{"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/media?parent=25927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/categories?post=25927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swn.af\/en\/wp-json\/wp\/v2\/tags?post=25927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}