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What next for Bitcoin after bursting $100k barrier?

It burst through the threshold after the president-elect announced a crypto-friendly Wall Street regulator.

It broke through the $100k barrier after Trump said he would nominate former Securities and Exchange Commission (SEC) commissioner Paul Atkins to run the Wall Street regulator. During the US presidential election campaign, Trump sought to appeal to cryptocurrency investors with a promise to sack Gary Gensler - chair of the US financial regulator the Securities and Exchange Commission (SEC) - on "day one" of his presidency. Carol Alexander, professor of finance at Sussex University, told BBC News that fear of missing out (FOMO) among younger people will see Bitcoin's price continue to rise.

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