Donald Trump, the U.S. President-elect, confirmed on Wednesday that he has nominated Paul Atkins, CEO of Patomak Global Partners, to serve as the new Chairman of the Securities and Exchange Commission (SEC).
This announcement has positively impacted the entire cryptocurrency market, as Atkins is known to be a supporter of the crypto market. This led to a more than 2.8% increase in Bitcoin's price. However, it is forecasted that Bitcoin may surge beyond $113,000.
Source: Fxstreet