Bitcoin Plunges to $98K Amid Heightened Volatility
It's been a rollercoaster of a day for Bitcoin. Its rate reached a historical all-time high above $100,000 earlier, followed by a plunge towards $98,000 minutes back.
AsCryptoPotatoreported previously, the relocation above $100K followed Donald Trump's choice to make Paul Atkins the brand-new Chairman of the United States Securities and Exchange Commission. In the words of the President-elect himself:
"Paul is a tested leader for good sense guidelines. He thinks in the pledge of robust, ingenious capital markets that are responsive to the requirements of Investors, & & that supply capital to make our Economy the very best worldwide. […] He likewise acknowledges that digital possessions & & other developments are vital to Making America Greater than Ever Before."
The rate increased and reac...