Bitcoin hits record high, breaks $100K milestone

World Today

Bitcoin hits record high, breaks $100K milestone

Bitcoin investors were jubilant this Thursday, Dec. 5, after the cryptocurrency’s value topped $100,000 for the first time. The peak was triggered partly by president-elect Donald Trump announcing a crypto advocate to run financial regulator, the Securities and Exchange Commission. And that raises questions about how cryptocurrencies that have made and broken many millionaires with wild valuation swings can be regulated. Owen Fairclough reports.