Bitcoin Crosses the $100,000 Threshold Just as the S&P 500 Makes a 56th Record Closing High: Buy Mortimer!
Bitcoin rallies on Trump’s crypto-friendly SEC chair nomination
Highlights
Bitcoin rallies above $100,000 on Trump’s crypto-friendly SEC chair nomination
French equities shake off ongoing political drama
Beige Book, PMIs, and survey data aren’t consistent with +3% real GDP growth
Ontario credit rating upgrade provides a rare glimmer of Canadian economic news
Key Takeaways
Bitcoin Breaks $100,000 Milestone
Bitcoin is the big mover overnight, having surged more than +5% to breach the $100,000 mark for the very first time. Prior to the election, it was languishing below $70,000 and has embarked on a parabolic surge ever since. The catalyst? Donald Trump’s pick of crypto advocate Paul Atkins as the next head of the SEC.
