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VisitWhat will Bitcoin's market cap rank be by June 30, 2025?
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Bitcoin Hits $100,000 All-Time High, Surges 50% Since Trump's Election
Dec 5, 2024, 03:50 AM
Bitcoin has surged to an all-time high of $100,000, marking a significant milestone in its history. This rally, which has seen the cryptocurrency gain approximately 126% since January 2024, has been attributed to several factors including the demand for Bitcoin exchange-traded funds (ETFs), the halving event in April, and the recent election win of Donald Trump. Trump's victory, coupled with his pro-crypto stance and the appointment of a pro-crypto pick for the SEC, has been a key driver behind this surge. The cryptocurrency has posted a 50% gain since Trump's election, showcasing the market's response to his policies. Year-to-date, Bitcoin has gained around 135%.
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