- Bitcoin reached the milestone on December fifth
- Over the previous 30 days, Bitcoin has elevated almost 50% in worth and 140% year-to-date
- This occurred when President-elect Donald Trump appointed Paul Atkins as the following chairman of the US SEC
Bitcoin hit a brand new all-time excessive, attacking $100,000 for the primary time and persevering with its bull run since early November.
On December 5, Bitcoin broke the $100,000 milestone after touching the psychological stage on November 22 at over $99,000. Information from CoinMarketCap exhibits that bitcoin reached greater than $103,500 at round 04:05 this morning.
On the time of publication, Bitcoin is buying and selling round $101,000. Within the final 30 days, the worth of the crypto asset has elevated by nearly 50%, whereas its worth has elevated by 140% for the reason that starting of the yr.
Whereas there are underlying elements associated to Bitcoin's worth progress, Donald Trump's presidential victory final month gave the asset a big increase. It additionally didn't damage Bitcoin that Trump introduced pro-crypto Paul Atkins as the following chairman of the US Securities and Change Fee.
Trump additionally chosen Scott Bessent and Howard Lutnick to go the US Treasury and Commerce Departments.
Michael Saylor, CEO of MicroStrategy, informed X in an interview: “There can be a $100,000 get together.
Earlier this week, Saylor urged Microsoft to just accept bitcoin, saying it represents “digital capital.”
