{"id":23539,"date":"2024-12-12T07:30:15","date_gmt":"2024-12-12T07:30:15","guid":{"rendered":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape"},"modified":"2024-12-12T07:30:15","modified_gmt":"2024-12-12T07:30:15","slug":"bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape","status":"publish","type":"post","link":"https:\/\/www.cryptopresspro.com\/top-100\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape","title":{"rendered":"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape"},"content":{"rendered":"<p>Bitcoin (BTC) recaptured the vital <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/expect-more-than-100000-ex-trump-campaign-chiefs-bullish-bitcoin-forecast\/\" target=\"_blank\">$100,000 threshold<\/a> on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector\u2019s future regulatory environment under President-elect Donald Trump.<\/p>\n<h2>Bitcoin Price Nears Record Peaks<\/h2>\n<p>The regulatory landscape is poised for significant changes, particularly with Brian Quintenz emerging as a<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-12-12\/bitcoin-btc-lifted-toward-record-on-fed-rate-cut-bets\" target=\"_blank\"> strong candidate<\/a> to lead the Commodity Futures Trading Commission (CFTC).\u00a0<\/p>\n<p>Quintenz, currently the head of policy at a16z Crypto\u2014Andreessen Horowitz\u2019s digital asset division\u2014and a former Republican CFTC commissioner, is seen as a favorable choice for the crypto community.\u00a0<\/p>\n<p>This follows the recent selection of pro-crypto<a href=\"https:\/\/bitcoinist.com\/trump-paul-atkins-as-sec-leader-crypto-policies\/\" target=\"_blank\"> Paul Atkins<\/a> to lead the US Securities and Exchange Commission (SEC), giving him the ability to turn the regulatory agency 180 degrees after years of leading a regulation-by-enforcement crusade led by its <a href=\"https:\/\/bitcoinist.com\/victory-crypto-sec-chair-gary-genslers-departure\/\" target=\"_blank\">retiring chair Gary Gensler<\/a>.<\/p>\n<p>Trump\u2019s recent efforts to reverse a Biden administration crackdown on crypto have contributed to Bitcoin\u2019s recovery, which reached an all-time high of $104,00 on December 5. Since then, Bitcoin has fluctuated around the six-figure mark, indicating sustained interest from investors.<\/p>\n<p>Alongside regulatory optimism, expectations for a potential reduction in interest rates by the US Federal Reserve (Fed) have also bolstered investor sentiment.\u00a0<\/p>\n<h2>Bullish Sentiment Grows<\/h2>\n<p>Following reports that US consumer-price inflation met forecasts, speculators have increased their bets on a new <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitwise-forecast-bitcoin-ethereum-and-solana-poised-for-record-highs-in-2025\/\" target=\"_blank\">interest rate cut<\/a>. This shift in monetary policy expectations has had a positive impact on markets, propelling the tech-heavy Nasdaq 100 stock index to a record high.<\/p>\n<p>Henry Elder, a principal at UTXO Management, noted, \u201cThe market likes seeing inflation come in within expectations,\u201d adding that traders are currently assessing whether $100,000 will act as a ceiling or a floor for BTC prices.<\/p>\n<p>Trump has not only indicated a willingness to foster a more favorable regulatory environment but has also supported the concept of a strategic national Bitcoin stockpile.\u00a0<\/p>\n<p>While the feasibility of this idea remains debated, Eric Trump recently <a href=\"https:\/\/www.newsbtc.com\/news\/eric-trumps-bold-call-bitcoin-to-soar-to-1-million-in-financial-revolution\/\" target=\"_blank\">expressed <\/a>on Bloomberg Television that his father would be \u201can unbelievable ally to the industry.\u201d<\/p>\n<p>Since Trump\u2019s election victory on November 5, Bitcoin has surged nearly 50%, buoyed by approximately $11 billion in net inflows into US spot Bitcoin exchange-traded funds (ETFs).<\/p>\n<p>Technical expert Ali Martinez has added to the positive view for the flagship cryptocurrency by <a href=\"https:\/\/x.com\/ali_charts\/status\/1866829285815882134\" target=\"_blank\">stating <\/a>that whales are aggressively buying dips. Notably, 342 wallets with more than 100 BTC were created when prices dropped from $104,000 to $90,000.<\/p>\n<p>This accumulation by major holders fuels the positive mentality, with Martinez <a href=\"https:\/\/x.com\/ali_charts\/status\/1866517510268330035\" target=\"_blank\">projecting <\/a>the Bitcoin price will hit $275,000 based on a cup-and-handle formation on its one-week chart.<\/p>\n<p>Featured image from DALL-E, chart from TradingView.com<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector\u2019s future regulatory environment under President-elect Donald Trump. Bitcoin Price Nears Record Peaks The regulatory landscape is poised for significant changes, particularly with Brian Quintenz emerging as a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":23540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,34,8,3],"tags":[],"class_list":{"0":"post-23539","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-crypto","9":"category-meme-tokens","10":"category-top-100"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape - CryptoPressPro<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape - CryptoPressPro\" \/>\n<meta property=\"og:description\" content=\"Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector\u2019s future regulatory environment under President-elect Donald Trump. Bitcoin Price Nears Record Peaks The regulatory landscape is poised for significant changes, particularly with Brian Quintenz emerging as a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape\" \/>\n<meta property=\"og:site_name\" content=\"CryptoPressPro\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-12T07:30:15+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoPressPro\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoPressPro\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape\",\"datePublished\":\"2024-12-12T07:30:15+00:00\",\"dateModified\":\"2024-12-12T07:30:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape\"},\"wordCount\":437,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg\",\"articleSection\":[\"Bitcoin\",\"Crypto\",\"Meme Tokens\",\"Top 100\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape\",\"url\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape\",\"name\":\"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape - CryptoPressPro\",\"isPartOf\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg\",\"datePublished\":\"2024-12-12T07:30:15+00:00\",\"dateModified\":\"2024-12-12T07:30:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage\",\"url\":\"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg\",\"contentUrl\":\"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg\",\"width\":460,\"height\":269},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cryptopresspro.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cryptopresspro.com\/#website\",\"url\":\"https:\/\/www.cryptopresspro.com\/\",\"name\":\"CryptoPressPro\",\"description\":\"Your go-to source for the latest updates and news in the cryptocurrency market. Stay informed with our timely insights and analysis.\",\"publisher\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cryptopresspro.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cryptopresspro.com\/#organization\",\"name\":\"CryptoPressPro\",\"url\":\"https:\/\/www.cryptopresspro.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cryptopresspro.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/08\/cpp-icon-512x512-01.svg\",\"contentUrl\":\"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/08\/cpp-icon-512x512-01.svg\",\"width\":512,\"height\":512,\"caption\":\"CryptoPressPro\"},\"image\":{\"@id\":\"https:\/\/www.cryptopresspro.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/CryptoPressPro\",\"https:\/\/www.instagram.com\/cryptopresspro\",\"https:\/\/t.me\/cryptopresspro\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape - CryptoPressPro","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape - CryptoPressPro","og_description":"Bitcoin (BTC) recaptured the vital $100,000 threshold on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector\u2019s future regulatory environment under President-elect Donald Trump. Bitcoin Price Nears Record Peaks The regulatory landscape is poised for significant changes, particularly with Brian Quintenz emerging as a [&hellip;]","og_url":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape","og_site_name":"CryptoPressPro","article_published_time":"2024-12-12T07:30:15+00:00","twitter_card":"summary_large_image","twitter_creator":"@CryptoPressPro","twitter_site":"@CryptoPressPro","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#article","isPartOf":{"@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape"},"author":{"name":"","@id":""},"headline":"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape","datePublished":"2024-12-12T07:30:15+00:00","dateModified":"2024-12-12T07:30:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape"},"wordCount":437,"commentCount":0,"publisher":{"@id":"https:\/\/www.cryptopresspro.com\/#organization"},"image":{"@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg","articleSection":["Bitcoin","Crypto","Meme Tokens","Top 100"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape","url":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape","name":"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape - CryptoPressPro","isPartOf":{"@id":"https:\/\/www.cryptopresspro.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage"},"image":{"@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage"},"thumbnailUrl":"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg","datePublished":"2024-12-12T07:30:15+00:00","dateModified":"2024-12-12T07:30:15+00:00","breadcrumb":{"@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#primaryimage","url":"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg","contentUrl":"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/12\/Screenshot_545-G6VEZj.jpeg","width":460,"height":269},{"@type":"BreadcrumbList","@id":"https:\/\/www.cryptopresspro.com\/market-update\/bitcoin-surges-past-100000-once-again-amid-shifts-in-regulatory-landscape#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cryptopresspro.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape"}]},{"@type":"WebSite","@id":"https:\/\/www.cryptopresspro.com\/#website","url":"https:\/\/www.cryptopresspro.com\/","name":"CryptoPressPro","description":"Your go-to source for the latest updates and news in the cryptocurrency market. Stay informed with our timely insights and analysis.","publisher":{"@id":"https:\/\/www.cryptopresspro.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cryptopresspro.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cryptopresspro.com\/#organization","name":"CryptoPressPro","url":"https:\/\/www.cryptopresspro.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cryptopresspro.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/08\/cpp-icon-512x512-01.svg","contentUrl":"https:\/\/www.cryptopresspro.com\/wp-content\/uploads\/2024\/08\/cpp-icon-512x512-01.svg","width":512,"height":512,"caption":"CryptoPressPro"},"image":{"@id":"https:\/\/www.cryptopresspro.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/CryptoPressPro","https:\/\/www.instagram.com\/cryptopresspro","https:\/\/t.me\/cryptopresspro"]}]}},"_links":{"self":[{"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/posts\/23539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/comments?post=23539"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/posts\/23539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/media\/23540"}],"wp:attachment":[{"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/media?parent=23539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/categories?post=23539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptopresspro.com\/wp-json\/wp\/v2\/tags?post=23539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}