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		</div><p>Bitcoin has topped 100,000 dollars (£78,701) for the first time as a massive rally rolls on, only hours after US President-elect Donald Trump picked crypto advocate Paul Atkins to lead the US Securities and Exchange Commission (SEC).</p>
<p>Mr Trump said Mr Atkins, the chief executive of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations”.</p>
<p>In the years since leaving the SEC, Mr Atkins has made the case against too much market regulation.</p>
<figure id="attachment_114978" aria-describedby="caption-attachment-114978" style="width: 1280px" class="wp-caption alignnone"><img src="https://londonglossy.com/wp-content/uploads/2017/07/bitcoin.gif" alt="" width="1280" height="720" class="size-full wp-image-114978" /><figcaption id="caption-attachment-114978" class="wp-caption-text">Bitcoin tops $100,000</figcaption></figure>
<p>Mr Trump wrote on Truth Social: “He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, &#038; that provide capital to make our Economy the best in the World.</p>
<p>“He also recognizes that digital assets &#038; other innovations are crucial to Making America Greater than Ever Before.”</p>
<p>Bitcoin has soared to unprecedented heights since Mr Trump won the election on November 5.</p>
<p>The cryptocurrency has climbed dramatically from 69,374 dollars (£54,805) on Election Day and rose as high as 101,512 dollars (£80,194) on Wednesday, just two years after dropping below 17,000 dollars (£13,430) following the collapse of crypto exchange FTX.</p>
<p>How long Bitcoin will stay above the coveted 100,000-dollar mark is uncertain. As with everything in the volatile cryptoverse, the future is impossible to predict.</p>
<p>While some are bullish on future gains, other experts continue to warn of investment risks.</p>
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