A leak has revealed the U.S. Securities and Exchange Commission (SEC) is softening its opposition to other crypto ETFs after years of

Bitcoin came within a whisker of closing above $100,000 for the first time on Thursday as the election of Republican Donald Trump as U.S. president spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.

In Asia, Japan +0.7%. Hong Kong -1.9%. China -3.1%. India +2.5%. In Europe, at midday, London +0.8%. Paris -0.2%. Frankfurt +0.1%. Futures at 7:00, Dow -0.1%. S&P -0.2%. Nasdaq -0.3%. Crude -0.5% to $69.75. Gold +1% to $2,702.70. Bitcoin +1% to $98,984. Ten-year Treasury Yield -3 bps to 4.39%.

Earlier this year, U.S. senator Cynthia Lummis (R-Wyo.) introduced The Bitcoin Act to Congress, calling for the creation of a strategic bitcoin reserve to reduce the U.S.'s spiraling, near-$36 trillion national debt by buying 1 million bitcoin over five years.

The dollar steadied on Thursday as traders awaited clarity on Trump's proposed policies, while bitcoin forged towards $100,000 for the first time.