Bitcoin Miners, Quantum Computing Lead Rally: A Look at Wednesday’s Top 10 Gainers

7. Riot Platforms Inc. (NASDAQ:RIOT)

Bitcoin miner Riot Platforms (NASDAQ:RIOT) grew its share prices on Wednesday by 9.97 percent to end at $13.46 apiece, rallying alongside its counterparts following news that Republican officials at the Securities and Exchange Commission are set to begin overhauling cryptocurrency policies as soon as President-elect Donald Trump assumes office next week.

Among the measures expected to be weighed include initiating the process that would lead to guidance and clearer rules clarifying when the agency considers a cryptocurrency to be a security, as well as reviewing some crypto enforcement cases pending in courts.

Trump’s SEC chair pick, Paul Atkins, who is also a pro-crypto former agency commissioner, was widely expected to end a crackdown on cryptocurrencies led by incumbent SEC chair Gary Gensler.

The developments in the cryptocurrency industry sent Bitcoin’s prices soaring on Wednesday, touching the $100,000 level.