Bitcoin has recently surpassed the $100,000 mark, marking a significant milestone for the cryptocurrency market both financially and psychologically.

This price surge followed the announcement of Paul Atkins as the new SEC chairman, signaling a pro-crypto leadership shift.

The appointment of a pro-crypto chairman at the SEC is expected to positively influence cryptocurrency values, generating high optimism for future price increases.

SEC commissioner Hester Peirce expressed her support for Atkins, emphasizing the need to promote free markets and innovation within the agency.

Ripple CEO Brad Garlinghouse praised Atkins' appointment, suggesting it would restore freedom and foster innovation in the crypto space.

Brian Armstrong, CEO of Coinbase, highlighted the historic significance of Bitcoin's rise, noting that a $100 investment in June 2012 would now be worth approximately $1.5 million.

Armstrong declared Bitcoin the best-performing asset of the past 12 years and urged governments to consider including it in their strategic reserves.

He emphasized Bitcoin's potential for further growth, particularly for governments looking to hedge against inflation.

Armstrong also pointed out that traditional fiat currency has lost purchasing power due to inflation, suggesting that Bitcoin serves as a protective measure against this.

Spencer Hakimian, founder of Tolou Capital Management, supports Armstrong's view, claiming Bitcoin has created more wealth than any other asset in history.

Countries like El Salvador and Bhutan have embraced Bitcoin, with El Salvador holding 5,942 BTC and Bhutan owning over 12,000 BTC as of late November 2024.

Robert Kiyosaki, author of 'Rich Dad Poor Dad,' predicted that Bitcoin could reach $250,000 by 2025, indicating strong potential for growth in the market.