In a historic flip of occasions, Bitcoin has shattered the $100,000 barrier, reaching an all-time excessive of over $103,000. Nobody is happier than Donald Trump, and HODLERS all over the place.
President-elect Donald Trump took to Fact Social to have fun the milestone, posting, “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Collectively, we’ll Make America Nice Once more!”
Supply: Fact Social
This surge is basically attributed to Trump’s pro-crypto stance throughout his marketing campaign, the place he pledged to make the U.S. the “crypto capital of the planet” and proposed making a strategic Bitcoin reserve. His nomination of Paul Atkins, a recognized cryptocurrency advocate, to steer the Securities and Alternate Fee, changing the stringent Gary Gensler, has additional fueled investor optimism.
The market’s response has been overwhelmingly constructive, with Bitcoin’s worth climbing from roughly $69,000 on Election Day to its present peak. Analysts predict this momentum may propel Bitcoin to $200,000 by late 2025, viewing it as a possible substitute for gold in the long run.
Supply: BNC Bitcoin Liquid Index
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