BTC/USD: Bitcoin Prices Float Near $100,000. Who Are This Rally’s Biggest Winners?

Lesser known Reserve Rights token pumped big time after one of its advisors was actually tapped to lead the SEC.

• Bitcoin prices BTCUSD weren’t going anywhere early Monday morning as traders were getting ready to start trading in tokens. The OG cryptocurrency was changing hands for about $100,000 a piece, largely unmoved coming out of a dull weekend following a record high. Traders, however, have no reason to complain with Bitcoin prices staying well-bid near the six-digit milestone and just $3,000 away from the ultimate all-time high.
• And while Bitcoin may be catching its breath, other digital assets are busy catching gains. Ethereum ETHUSD, the second-largest coin, pumped 8% over the past week, compared with Bitcoin’s less than 3% increase. Prices of Ether crossed $4,000 for the first time since March this year. In the meantime, XRP (XRP/USD) leapfrogged stablecoin Tether to become the third-biggest player in the crypto market. XRP is up 33% in the past week.
• A lesser known token going by the name Reserve Rights (RSR/USD) surged more than 100% over the same time span after President-elect Donald Trump cast his pick for chair of the Securities and Exchange Commission. Trump’s choice, Paul Atkins, is a vocal crypto advocate and has been advising the guys behind Reserve Rights for years now. Both RSR and XRP are up on prospects of them having their own exchange-traded funds.