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Price of Bitcoin rises to $100,000 for the first time

Brock Koller

Summary

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Full story

Bitcoin prices are booming. The price of a single Bitcoin surged Wednesday, Dec. 4, to more than $100,000, marking the first time the 16-year-old cryptocurrency hit six figures.

$102,883.47#Bitcoin #BTC $BTC $USD— Bitcoin (@Bitcoin) December 5, 2024

Bitcoin’s milestone came just hours after President-elect Donald Trump announced Paul Atkins as his pick to be the next chairman of the Securities and Exchange Commission. Trump has promised to make the U.S. “the crypto capital of the planet.”

Atkins was an SEC commissioner during George W. Bush’s presidency and is known to be a strong supporter of cryptocurrencies.  In the early 1990s, he was on the staff of two former SEC chairs, Richard Breeden and Arthur Levitt, a Republican and Democrat, respectively. 

Atkins founded Patomak Global Partners, an advisory firm that works with banks and investment firms on regulation and compliance. 

“Paul is a proven leader for common sense regulations,” Trump posted on Truth Social. “He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.”

Current SEC Chair Gary Gensler has said he will step down from the role on Jan. 20, the day of Trump’s inauguration. 

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Key points from the Left

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Key points from the Center

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
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    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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1:22 min listen

Summary

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Full story

Bitcoin prices are booming. The price of a single Bitcoin surged Wednesday, Dec. 4, to more than $100,000, marking the first time the 16-year-old cryptocurrency hit six figures.

$102,883.47#Bitcoin #BTC $BTC $USD— Bitcoin (@Bitcoin) December 5, 2024

Bitcoin’s milestone came just hours after President-elect Donald Trump announced Paul Atkins as his pick to be the next chairman of the Securities and Exchange Commission. Trump has promised to make the U.S. “the crypto capital of the planet.”

Atkins was an SEC commissioner during George W. Bush’s presidency and is known to be a strong supporter of cryptocurrencies.  In the early 1990s, he was on the staff of two former SEC chairs, Richard Breeden and Arthur Levitt, a Republican and Democrat, respectively. 

Atkins founded Patomak Global Partners, an advisory firm that works with banks and investment firms on regulation and compliance. 

“Paul is a proven leader for common sense regulations,” Trump posted on Truth Social. “He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.”

Current SEC Chair Gary Gensler has said he will step down from the role on Jan. 20, the day of Trump’s inauguration. 

Related Stories

Tags: , , ,
Read Transcript

Why this story matters

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Venenatis mattis ultrices sagittis

Nunc lacinia dictum lacus massa purus cursus amet est accumsan auctor hendrerit fames, metus commodo dapibus sed eu tellus montes dictumst eget vulputate.

Get the big picture

Synthesized coverage insights across 49 media outlets

Common ground

Turpis sem penatibus erat massa pretium semper accumsan nascetur blandit pharetra laoreet proin nulla eu quam, odio dictumst potenti vehicula dolor consequat ultricies class risus magna fames ridiculus suspendisse. Magna netus finibus facilisi pharetra dui fames praesent lobortis cras vitae mattis taciti ante, id nullam fermentum placerat montes volutpat litora scelerisque lacinia nec maecenas.

Bias comparison

  • The Left consectetur egestas taciti natoque amet nulla condimentum nullam potenti suscipit nunc fames vitae senectus mattis, nec justo aliquet ligula vehicula malesuada cubilia varius nascetur dignissim neque vestibulum accumsan.
  • Not enough coverage from media outlets in the center to provide a bias comparison.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

Report an issue with this comparison

Media landscape

Click on bars to see headlines

618 total sources

Key points from the Left

  • Ligula neque nascetur fusce inceptos eleifend egestas congue nibh efficitur quis scelerisque nostra auctor, ante vitae iaculis ultricies tempus mattis purus erat orci eget non.

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Key points from the Center

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Key points from the Right

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Other (sources without bias rating):

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
    Lifestyle
    Jan 20

    Bob Dylan’s ‘Mr. Tambourine Man’ draft lyrics auctioned for $508,000

    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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    President Donald Trump pardoned approximately 1,500 people who were charged, arrested and jailed for crimes related to the Capitol riot on Jan. 6, 2021. The order grants full, complete and unconditional pardons to most of those convicted in connection with the riot, including former Proud Boys leader Enrique Tarrio, who had been sentenced to 22 […]

  • Ohio State fought off a late rally from Notre Dame to win the National Championship Monday, the first title in the CFP 12 team playoff era.
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    Ohio State wins national championship, beats Notre Dame 34-23

    Ohio State overpowered Notre Dame in the national championship game on Monday, Jan. 20, winning 34-23 after fending off a late Irish comeback attempt to win the title. The Buckeyes made history as the first winner of the 12-team College Football Playoff and earned their ninth championship overall. Ohio State’s first 10 minutes did not […]

  • Trump pardoned roughly 1,500 individuals who were charged, arrested and jailed for crimes related to the Capitol riot on Jan. 6, 2021.
    Politics
    Tuesday

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