Bitcoin Price Just Hit Milestone Of $100k Breaking Records!
Bitcoin price surpassed $100,000 for the first time on December 5, hitting a new all-time high, fueled by expectations of a regulatory environment under President elect Donald Trump.
Bitcoin Soars
At time of writing, Bitcoin was at $102,388, with market cap up 6.84 per cent to $2.03 trillion, according to data on Coin market cap. By 8.55 am the token touched $103,047.
This height has come over 15 years since its creation and after years of highs and lows-particularly bottoming at $16,000 in 2022, and thus a speculation over an impending “bubble burst”.
Through the year, the token has more than doubled in value, rising 45 per cent since Donald Trump won the US elections on November 5, the Media report added.
Trump Has Stake in Crypto's Now
Trump Said -We are going to make the US the crypto capital of the planet. If we USA don’t do it, China is going to do it. China is doing it anyway. But if we don’t do it, we’re not going to be the biggest, and we have to be the biggest and the best,” Trump said on the over two-hour long X Spaces livestream.
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