Bitcoin reached the $100,000 mark for the first time on Wednesday, December 4, 2024.
The cryptocurrency’s price surged past $100,000, reaching approximately $102,000, reflecting a 3% increase over the past 24 hours. This milestone comes after a significant rally sparked by the election of Donald Trump, who has promised a more crypto-friendly regime.
Trump’s nomination of Paul Atkins, a cryptocurrency proponent, as the chairman of the Securities and Exchange Commission has further boosted investor confidence.
Bitcoin’s price has jumped about 50% since the election day and is up more than 100% for the year overall.
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