President-elect Donald Trump is celebrating the rise of Bitcoin to $100,000, claiming credit for the surge and promising to “Make America Great Again.” The cryptocurrency’s price spiked after Trump’s election victory, with advocates acknowledging his role in the rally. Trump’s nomination of Paul Atkins to head the SEC further strengthens his stance on digital assets, as Atkins has worked with the crypto industry and advocated for regulation best practices. The incoming administration, including Treasury Secretary nominee Scott Bessent, Vice President-elect J.D. Vance, Health and Human Services nominee Robert F. Kennedy Jr., and Commerce Secretary nominee Howard Lutnick, all support and invest in cryptocurrencies. Trump has made courting the crypto industry a priority, pledging to make America the “crypto capital of the planet” if elected. With the appointment of Atkins and other like-minded individuals, the crypto community is anticipating a supportive regulatory environment under Trump’s administration.
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