Target Acquired – Bitcoin Hits $100,000 USD
Bitcoin has finally shattered the elusive $100,000 barrier, marking a monumental moment in the cryptocurrency's journey from cypherpunk curiosity to global asset.
This surge is partly attributed to the election of President-elect Donald Trump, who is anticipated to implement crypto-friendly policies. His administration plans to establish a national Bitcoin reserve and appoint pro-crypto figures like Paul Atkins to key regulatory positions, signaling a significant shift in the U.S. government’s approach to digital assets.
Source: BNC Bitcoin Liquid Index
The market’s response has been overwhelmingly positive, with substantial inflows into U.S.-listed Bitcoin exchange-traded funds (ETFs) and a surge in institutional interest. Since Election Day, Bitcoin’s value has climbed approximately 30%, reflecting growing confidence in the cryptocurrency’s future under the new administration.
Congrats to the HODLERS. More to come.
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