Bitcoin price breaks past $100,000

The price of Bitcoin has for the first time broken past the $100,000 mark, hitting a new record high, the BBC writes.

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.

Trump has vowed to make the U.S. “the crypto capital of the planet” – a remarkable turnaround given as recently as 2021 he was calling Bitcoin a “scam.”