{"id":654344,"date":"2024-11-22T17:00:36","date_gmt":"2024-11-22T17:00:36","guid":{"rendered":"https:\/\/uniquehot.com\/?p=654344"},"modified":"2024-11-22T07:39:08","modified_gmt":"2024-11-22T07:39:08","slug":"99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/","title":{"rendered":"$99K And Climbing: Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement"},"content":{"rendered":"

Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political and market events that have increased investor trust in digital assets.<\/p>\n

Related Reading: Bitcoin Barrels Close To $98,000\u2014Is The $100K Barrier Next?<\/a><\/div>\n

Rumors of Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure<\/a>, as well as Donald Trump’s prospective crypto-friendly policies, have fueled the crypto space’s excitement.<\/p>\n

Inspired by hope for a possible change in US financial policy, Bitcoin surged to $99,126<\/a> from a dismal beginning of the session. Investors still think $100,000 is in the cards particularly considering the rise in cryptocurrencies approximately 40% following Trump’s anticipated re-election win earlier this month.<\/p>\n

\"\"
Bitcoin nears the $100k mark. Source: Bitstamp<\/a><\/figcaption><\/figure>\n

A Pro-Crypto Administration?<\/h2>\n

Reports show that the government of Trump is considering the creation of the first crypto policy job, which may turn around how regulations are taken. Many think that the SEC will become more open-minded after Gensler leaves<\/a>, which has been a bone of contention for long among the crypto community.<\/p>\n

\n

On January 20, 2025 I will be stepping down as @SECGov<\/a> Chair.<\/p>\n

A thread \ud83e\uddf5\u2b07\ufe0f<\/p>\n

\u2014 Gary Gensler (@GaryGensler) November 21, 2024<\/a><\/p><\/blockquote>\n

Galaxy Digital’s CEO, Mike Novogratz, expressed hope about this change, noting that the Trump team’s energy is very different, that they are pro-crypto, pro-blockchain, and sees the promise Bitcoin brings. He claimed the government’s desire in building a national Bitcoin stockpile and giving blockchain innovation top priority will help to empower the market even more.<\/p>\n

Corporate Moves Add Fuel<\/h2>\n

The Financial Times has reported that Trump Media & Technology Group (DJT) is in talks to acquire Bakkt, a cryptocurrency exchange. This possible collaboration might bring cryptocurrency into a larger technological framework, making it more accessible and widespread.<\/p>\n

\"\"
BTC market cap currently at $1.97 billion. Chart: TradingView.com<\/a><\/figcaption><\/figure>\n

Such developments add to the larger story of institutional adoption, which was a crucial driver in prior bull cycles. The market’s reaction shows a rising view that Bitcoin is prepared to play a larger role in both the private and public sectors under favorable regulations.<\/p>\n

\n

#Bitcoin<\/a> looks like it did in December 2020. Even the RSI is nearly identical. If true, $BTC<\/a> will go to $108,000, drop to $99,000, and bounce to $135,000! pic.twitter.com\/hsIBWBVGnl<\/a><\/p>\n

\u2014 Ali (@ali_charts) November 20, 2024<\/a><\/p><\/blockquote>\n

Analysts Predict New Highs<\/h3>\n

Meanwhile, crypto expert Ali Martinez said the current rise of Bitcoin has strong similarities with its rise in late 2020. Research from this analyst postulates that Bitcoin will increase up to $108,000 before dropping down to $99,000 and then increase to $135,000.<\/p>\n

\"\"<\/p>\n

Related Reading: XRP On Fire: Over 90% Weekly Growth Catapults Altcoin To Fresh 2-Year High<\/a><\/div>\n

Important data including daily active addresses\u2014which topped 475K\u2014and higher social volumes of 380K support this projection. These trends mirror the 2020 breakout when Bitcoin more than doubled within a few weeks.<\/p>\n

Following Gensler’s resignation<\/a>, Bitcoin’s course may be determined by the position taken by his successor. A pro-crypto leader may encourage uptake and propel Bitcoin above $100,000, paving the way for a prolonged bull run. However, changes in regulations and market attitude will be important factors.<\/p>\n

Featured image from DALL-E, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political and market events that have increased investor trust in digital assets. Related Reading: Bitcoin Barrels Close To $98,000\u2014Is The $100K Barrier Next? Rumors of Securities and Exchange Commission (SEC) Chair Gary Gensler’s departure, as well as Donald Trump’s prospective crypto-friendly policies, have fueled the crypto space’s excitement. Inspired by hope for a possible change in US financial policy, Bitcoin surged to $99,126 from a dismal beginning of the session. Investors still think $100,000 is in the cards particularly considering the rise in cryptocurrencies approximately 40% following Trump’s anticipated re-election win earlier this month. A Pro-Crypto Administration? Reports show that the government of Trump is considering the creation of the first crypto policy job, which may turn around how regulations are taken. Many think that the SEC will become more open-minded after Gensler leaves, which has been a bone of contention for long among the crypto community. On January 20, 2025 I will be stepping down as @SECGov Chair. A thread \ud83e\uddf5\u2b07\ufe0f \u2014 Gary Gensler (@GaryGensler) November 21, 2024 Galaxy Digital’s CEO, Mike Novogratz, expressed hope about this change, noting that the Trump team’s energy is very different, that they are pro-crypto, pro-blockchain, and sees the promise Bitcoin brings. He claimed the government’s desire in building a national Bitcoin stockpile and giving blockchain innovation top priority will help to empower the market even more. Corporate Moves Add Fuel The Financial Times has reported that Trump Media & Technology Group (DJT) is in talks to acquire Bakkt, a cryptocurrency exchange. This possible collaboration might bring cryptocurrency into a larger technological framework, making it more accessible and widespread. Such developments add to the larger story of institutional adoption, which was a crucial driver in prior bull cycles. The market’s reaction shows a rising view that Bitcoin is prepared to play a larger role in both the private and public sectors under favorable regulations. #Bitcoin looks like it did in December 2020. Even the RSI is nearly identical. If true, $BTC will go to $108,000, drop to $99,000, and bounce to $135,000! pic.twitter.com\/hsIBWBVGnl \u2014 Ali (@ali_charts) November 20, 2024 Analysts Predict New Highs Meanwhile, crypto expert Ali Martinez said the current rise of Bitcoin has strong similarities with its rise in late 2020. Research from this analyst postulates that Bitcoin will increase up to $108,000 before dropping down to $99,000 and then increase to $135,000. Related Reading: XRP On Fire: Over 90% Weekly Growth Catapults Altcoin To Fresh 2-Year High Important data including daily active addresses\u2014which topped 475K\u2014and higher social volumes of 380K support this projection. These trends mirror the 2020 breakout when Bitcoin more than doubled within a few weeks. Following Gensler’s resignation, Bitcoin’s course may be determined by the position taken by his successor. A pro-crypto leader may encourage uptake and propel Bitcoin above $100,000, paving the way for a prolonged bull run. However, changes in regulations and market attitude will be important factors. Featured image from DALL-E, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":654353,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,6664,16539],"class_list":["post-654344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-crypto","tag-gary-gensler"],"acf":[],"yoast_head":"\n$99K Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement<\/title>\n<meta name=\"description\" content=\"Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$99K Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement\" \/>\n<meta property=\"og:description\" content=\"Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-22T17:00:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-22T07:39:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786\" \/>\n\t<meta property=\"og:image:width\" content=\"812\" \/>\n\t<meta property=\"og:image:height\" content=\"786\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"$99K And Climbing: Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement\",\"datePublished\":\"2024-11-22T17:00:36+00:00\",\"dateModified\":\"2024-11-22T07:39:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/\"},\"wordCount\":544,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786\",\"keywords\":[\"bitcoin\",\"btc\",\"crypto\",\"Gary Gensler\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/\",\"url\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/\",\"name\":\"$99K Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786\",\"datePublished\":\"2024-11-22T17:00:36+00:00\",\"dateModified\":\"2024-11-22T07:39:08+00:00\",\"description\":\"Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786\",\"width\":812,\"height\":786,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"$99K And Climbing: Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/uniquehot.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"$99K Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement","description":"Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/","og_locale":"en_US","og_type":"article","og_title":"$99K Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement","og_description":"Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political","og_url":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-11-22T17:00:36+00:00","article_modified_time":"2024-11-22T07:39:08+00:00","og_image":[{"width":812,"height":786,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786","type":"image\/png"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/"},"author":{"name":"Christian Encila","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"$99K And Climbing: Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement","datePublished":"2024-11-22T17:00:36+00:00","dateModified":"2024-11-22T07:39:08+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/"},"wordCount":544,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786","keywords":["bitcoin","btc","crypto","Gary Gensler"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/","url":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/","name":"$99K Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786","datePublished":"2024-11-22T17:00:36+00:00","dateModified":"2024-11-22T07:39:08+00:00","description":"Bitcoin (BTC) jumped beyond $99,000 on Thursday, setting a new milestone before easing slightly. The milestone comes on the heels of substantial political","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786","width":812,"height":786,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"$99K And Climbing: Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"$99K And Climbing: Bitcoin Reacts To Gensler\u2019s SEC Departure Announcement","url":"http:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","crypto","gary gensler"],"dateCreated":"2024-11-22T17:00:36Z","datePublished":"2024-11-22T17:00:36Z","dateModified":"2024-11-22T17:00:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"$99K And Climbing: Bitcoin Reacts To Gensler\\u2019s SEC Departure Announcement\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/99k-and-climbing-bitcoin-reacts-to-genslers-sec-departure-announcement\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/A_ab4105.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/A_ab4105.png?fit=812%2C786\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"crypto\",\"gary gensler\"],\"dateCreated\":\"2024-11-22T17:00:36Z\",\"datePublished\":\"2024-11-22T17:00:36Z\",\"dateModified\":\"2024-11-22T17:00:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/11\/A_ab4105.png?fit=812%2C786","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=654344"}],"version-history":[{"count":8,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654344\/revisions"}],"predecessor-version":[{"id":654356,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/654344\/revisions\/654356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/654353"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=654344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=654344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=654344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}