'You're Welcome': Trump Takes Credit for Bitcoin Reaching $100K Milestone

Donald Trump, then U.S. President-elect, claimed credit on Wednesday for Bitcoin's recent price surge after the asset reached $100,000 for the first time, posting on Truth Social "$100,000!!! You're welcome!!!" The article says Bitcoin rose 47% over the last 30 days and set an all-time high of $103,679 thirteen hours before the report. It places the post within Trump's courting of the Bitcoin community, including his July 2024 speech at the Bitcoin 2024 conference in Nashville, where he promised to free Ross Ulbricht and fire SEC Chair Gary Gensler. The article notes Trump nominated Paul Atkins as SEC chairman on Tuesday, and Gensler has said he will resign effective January 20.