- Bitcoin reached the milestone on December 5
- Over the previous 30 days, Bitcoin has elevated in worth by practically 50% and 140% in YTD worth
- It comes as President-elect Donald Trump named Paul Atkins as the subsequent US SEC chair
Bitcoin has reached a brand new all-time excessive, hitting $100,000 for the first time, persevering with its bull run since the begin of November.
On December 5, Bitcoin broke the $100,000 milestone after getting inside touching distance of the psychological stage on November 22, at over $99,000. Data from CoinMarketCap exhibits Bitcoin reached greater than $103,500 round 04:05 this morning.
At the time of publishing, Bitcoin is buying and selling at round $101,000. Over the previous 30 days, the crypto asset has risen practically 50% in worth whereas its year-to-date worth has elevated by 140%.
While there are underlying factors referring to Bitcoin’s value rise, Donald Trump’s presidential victory final month has given the asset a big push. It additionally hasn’t damage Bitcoin that Trump introduced pro-crypto Paul Atkins as the subsequent chair of the US Securities and Exchange Commission.
Trump has additionally picked Scott Bessent and Howard Lutnick to go the US Secretary of Treasury and Commerce departments.
Taking to X, Michael Saylor, CEO of MicroStrategy, said “there’s going to be a $100k party.”
Earlier this week, Saylor urged Microsoft to undertake Bitcoin saying it represents “digital capital.”
