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Stock impact report

Bitcoin jumps back to $98,000 after SEC announces Gary Gensler will step down [Yahoo! Finance Canada]

Trump Media & Technology Group Corp. (DJT) 
Bitcoin ( BTC-USD ) rose back above $98,000 to trade near its record high reached earlier on Thursday after the Securities and Exchange Commission announced Chair Gary Gensler will step down effective January 20, the day Donald Trump is scheduled to be sworn into the White House. The token had surpassed $98,300 in early trading before paring gains as investors remained bullish on pro-crypto policies from the incoming Trump administration. The token has soared roughly 40% since the presidential election on Nov. 5, hitting multiple milestones as investors eye targets of $100,000. Bitcoin USD (BTC-USD) Reports of President-elect Donald Trump's transition team discussing the possibility of a first-ever role for crypto policy also sent the token higher over the past 24 hours. Bitcoin has been a key component of the Trump trade, as Trump has promised to explore crypto-friendly initiatives, including the creation of a bitcoin national stockpile and the replacement of the Securitie Show less Read more
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