Bitcoin has reached a peak of $69,000, marking its highest value in over 80 days. This surge in value comes amidst anticipation of leadership changes at the Securities and Exchange Commission (SEC) if Donald Trump wins the upcoming election.
The potential for a shift in SEC leadership is viewed as favorable by many investors, possibly leading to a more crypto-friendly regulatory environment.
Investors appear to be pricing in these potential changes, driving Bitcoin's value upwards as the market speculates on future regulatory landscapes.
