{"id":2899,"date":"2024-12-16T02:51:16","date_gmt":"2024-12-16T02:51:16","guid":{"rendered":"https:\/\/260web.com\/news\/bitcoin-hits-new-record-high-of-more-than-106000\/"},"modified":"2024-12-16T02:51:16","modified_gmt":"2024-12-16T02:51:16","slug":"bitcoin-hits-new-record-high-of-more-than-106000","status":"publish","type":"post","link":"https:\/\/260web.com\/news\/bitcoin-hits-new-record-high-of-more-than-106000\/","title":{"rendered":"Bitcoin hits new record high of more than $106,000"},"content":{"rendered":"<p>Bitcoin hits new record high of more than $106,000<\/p>\n<div data-component=\"image-block\" class=\"ssrcss-1b5y2ub-ComponentWrapper-FullWidthWrapper ey0461q0\">\n<figure class=\"ssrcss-1vfya96-StyledFigure e34k3c22\">\n<div class=\"ssrcss-ab5fd8-StyledFigureContainer e34k3c21\"><span class=\"ssrcss-16a6nr6-Placeholder etlorgc0\"><picture><source srcset=\"https:\/\/ichef.bbci.co.uk\/ace\/standard\/240\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg.webp 240w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/320\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg.webp 320w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/480\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg.webp 480w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/624\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg.webp 624w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/800\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg.webp 800w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/976\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg.webp 976w\" type=\"image\/webp\"><img decoding=\"async\" alt=\"Cartoon image of US President-elect Donald Trump holding a Bitcoin token displayed at a Coinhero store in Hong Kong.\" loading=\"eager\" src=\"https:\/\/260web.com\/news\/wp-content\/uploads\/2024\/12\/sMYfW2.jpg\" srcset=\"https:\/\/ichef.bbci.co.uk\/ace\/standard\/240\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg 240w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/320\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg 320w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/480\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg 480w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/624\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg 624w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/800\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg 800w, https:\/\/ichef.bbci.co.uk\/ace\/standard\/976\/cpsprodpb\/dfc2\/live\/52ce1f80-bb51-11ef-a26f-6fa82efb6cee.jpg 976w\" width=\"3840\" height=\"2159.744952178534\" class=\"ssrcss-11yxrdo-Image edrdn950\"><\/picture><\/span><span role=\"text\" class=\"ssrcss-tvuve5-StyledFigureCopyright e34k3c20\">Getty Images<\/span><\/div>\n<\/figure>\n<\/div>\n<div data-component=\"byline-block\" class=\"ssrcss-1hbb5i-BylineComponentWrapper e8mq1e90\">\n<div class=\"ssrcss-qt5zqv-BylineWrapper e8mq1e919\">\n<div class=\"ssrcss-h3c0s8-ContributorContainer e8mq1e918\">\n<div class=\"ssrcss-1u2in0b-Container-ContributorDetails e8mq1e915\">\n<div class=\"ssrcss-68pt20-Text-TextContributorName e8mq1e98\">Jo\u00e3o da Silva<\/div>\n<div class=\"ssrcss-84ltp5-Text e8mq1e912\">Business reporter<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ssrcss-jlwt2c-Divider e8mq1e917\"><\/div>\n<\/div>\n<div data-component=\"metadata-block\" class=\"ssrcss-xza2yt-ComponentWrapper ep2nwvo1\">\n<div>\n<ul role=\"list\" class=\"ssrcss-1ik71mx-MetadataStripContainer eh44mf03\">\n<div class=\"ssrcss-13nu8ri-GroupChildrenForWrapping eh44mf02\">\n<li role=\"listitem\" class=\"ssrcss-30fcoe-MetadataStripItem eh44mf01\">\n<div class=\"ssrcss-m5j4pi-MetadataContent eh44mf00\"><span class=\"ssrcss-1pvwv4b-MetadataSnippet e4wm5bw3\"><span class=\"ssrcss-1if1g9v-MetadataText e4wm5bw1\"><time data-testid=\"timestamp\" datetime=\"2024-12-16T02:36:01.337Z\">9 minutes ago<\/time><\/span><\/span><\/div>\n<\/li>\n<\/div>\n<\/ul>\n<\/div>\n<\/div>\n<div data-component=\"text-block\" class=\"ssrcss-uf6wea-RichTextComponentWrapper ep2nwvo0\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency&#8217;s price rise by more than 50% since Donald Trump&#8217;s victory in the 5 November election.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The world&#8217;s largest cryptocurrency briefly passed $106,000 (\u00a383,890) and was trading at more than $105,000 in Asia trade on Monday morning.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The incoming Trump administration is seen as being far more friendly towards cryptocurrencies than the Biden White House.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">On Thursday, the US president-elect reiterated that he is considering creating a national stockpile of the digital currency, similar to the country&#8217;s strategic oil reserve.<\/p>\n<\/div>\n<\/div>\n<div data-component=\"text-block\" class=\"ssrcss-uf6wea-RichTextComponentWrapper ep2nwvo0\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Earlier this month, Trump named Silicon Valley entrepreneur David Sacks as his artificial intelligence (AI) and cryptocurrency tsar.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Mr Sacks is former PayPal executive and a close friend of Trump adviser and mega-donor Elon Musk.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trump has also said he would nominate pro-cryptocurrency Washington attorney Paul Atkins as the new head of the Wall Street regulator, the Securities and Exchange Commission (SEC).<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Last month, the SEC&#8217;s current head, Gary Gensler, said he would resign from the role on the day of Trump&#8217;s inauguration, on 20 January next year.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and enforced the law without fear or favor,&#8221; Mr Gensler wrote on the social media platform X.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trump had previously revealed plans to sack Mr Gensler on &#8220;day one&#8221; of his new administration after the SEC chairman took legal action against cryptocurrency firms, sparking controversy in some quarters.<\/p>\n<\/div>\n<\/div>\n<div data-component=\"topic-list\" class=\"ssrcss-1qmkvfu-TopicListWrapper etw6iwl1\">\n<div class=\"ssrcss-113c0cq-StyledTagContainer ed0g1kj1\">\n<div class=\"ssrcss-50vlbt-TopicListHeaderWrapper etw6iwl0\">\n<h2 type=\"normal\" class=\"ssrcss-ad2rmd-Heading e10rt3ze0\">Related topics<\/h2>\n<\/div>\n<div class=\"ssrcss-17ehax8-Cluster e1ihwmse1\">\n<ul role=\"list\" spacing=\"2\" class=\"ssrcss-1ujonwb-ClusterItems e1ihwmse0\">\n<li>International Business<\/li>\n<li>Bitcoin<\/li>\n<li>Donald Trump<\/li>\n<li>Cryptocurrency<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p>Published at Mon, 16 Dec 2024 02:36:01 +0000<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin hits new record high of more than $106,000 Getty Images Jo\u00e3o da Silva Business reporter 9 minutes ago Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency&#8217;s price rise by more than 50% since Donald Trump&#8217;s victory in the 5 November election. The world&#8217;s largest cryptocurrency briefly&hellip; <a class=\"more-link\" href=\"https:\/\/260web.com\/news\/bitcoin-hits-new-record-high-of-more-than-106000\/\">Continue reading <span class=\"screen-reader-text\">Bitcoin hits new record high of more than $106,000<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":2898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/2899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/comments?post=2899"}],"version-history":[{"count":0,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/2899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media\/2898"}],"wp:attachment":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media?parent=2899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/categories?post=2899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/tags?post=2899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}