"Public Enemy No. 1" of the crypto world is stepping down! Bitcoin hits $99,000, and altcoins like XRP surge

Bitcoin has extended its gains after a piece of good news for the cryptocurrency: the resignation of U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler, seen as the "number one enemy" of the crypto world, on Jan. 20 next year. The news boosted the cryptocurrency, which rose more than 2% to above $99,000 as of writing.