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News · Crypto · Cointelegraph · Sun, Oct 4, 2026 11:00 PM

Clayton’s AI Role Could Shift Crypto Outlook, Bitcoin Eyes $600K Target

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Former SEC head Jay Clayton joins Trump as AI czar; Bitcoin bullish outlook may reach $600K by 2029.

Former Securities and Exchange Commission chief Jay Clayton has been appointed as the United States’ new chief AI officer by President Trump, a move that signals a heightened focus on artificial intelligence regulation.

Amid the policy shift, cryptocurrency analyst Peter Brandt has reiterated his bullish stance on Bitcoin, projecting that the digital asset could climb to as high as $600,000 by 2029.

The announcement has stirred commentary from the XRP community, which remains critical of the new AI leadership, while investors watch for potential ripple effects across the crypto market.

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This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections