An anonymous "transition" source revealed that Trump apparently "would love" Bitcoin to continue to rise and eventually break through $150,000.
Trump "will pay close attention to the price of Bitcoin," according to the report, adding that the source called cryptocurrency Trump's "another stock market." During his previous presidency, Trump often used the performance of the U.S. stock market as a measure of how well his administration managed the country's economy.
In addition, Trump plans to "promote cryptocurrency-friendly regulation," including nominating Paul Atkins as chairman of the U.S. SEC. Atkins founded the consulting firm Patomak Global Partners, which provides services to cryptocurrency exchanges and DeFi platforms. (Axios)