Bitcoin Breaks $100,000 Barrier

Bitcoin, the world's largest cryptocurrency, soared past $100,000, hitting $103,400 before stabilizing. Analysts are calling it a "magic moment" that marks a new era for digital assets.

[{"selector":"#anim-fdb1630e-54fb-4553-a2bd-8caac4411813 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-70b8ee47-45bc-41f8-9f17-993b3bf8a109","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6ce761de-ed66-4f9b-88ea-5e43b2f2e697","keyframes":{"transform":["translate3d(0px, 137.22793%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Donald Trump's election victory has been a driving force behind Bitcoin's recent rally. His pro-crypto promises have fueled optimism in the market

[{"selector":"#anim-9da68f1e-fdda-4146-91f9-b023825d874c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-dea0b8cc-c60f-4947-8e27-b475ab162725","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2759d72f-c50d-44cb-8625-e9a06d11d460","keyframes":{"transform":["translate3d(0px, 141.16891%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Credit - Google

Trump celebrated Bitcoin's milestone on social media, posting "congratulations Bitcoiners" and "you're welcome!" His promise to make the U.S. a "Bitcoin superpower" seems to resonate.

[{"selector":"#anim-4c4bddea-e6fd-4c73-825e-a60d7c73ad6a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-76d13f0a-1921-4c36-9169-0ebf09877728","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a21a6d16-a5b2-4c7b-95f1-dd13ab47ec9e","keyframes":{"transform":["translate3d(0px, 141.02023%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Credit - Google

Trump's nomination of Paul Atkins, a crypto advocate, to lead the SEC has bolstered investor confidence. Atkins is expected to bring a friendlier regulatory approach.

[{"selector":"#anim-711bda78-af6a-478c-89e3-b563b68e6a9c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(32.42187489333662%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ff41f56e-18da-4213-bfac-45bca91bebc7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ce0d776e-9881-44a9-a0ab-536c36572d4e","keyframes":{"transform":["translate3d(0px, 142.30255%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Credit - Google

Outgoing SEC Chair Gary Gensler, criticized for his strict stance on crypto, is stepping down. His replacement could redefine the U.S. crypto landscape.

[{"selector":"#anim-752cbd82-25a2-4ffc-b740-a4e5df77e313","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10ec1c49-fc00-4c0c-8147-bf9184afb7f5","keyframes":{"transform":["translate3d(0px, 142.30255%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Credit - Google

The SEC's approval of spot Bitcoin ETFs, including offerings from BlackRock and Fidelity, has drawn billions in investments, further solidifying Bitcoin’s growth

[{"selector":"#anim-6e5b639c-0e01-4d5f-8fcb-c7ee981984dd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-d9922fa6-862a-4fac-b8d0-9b55a2345665","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd6336f5-a51b-4bf7-a3d5-ae926b231d24","keyframes":{"transform":["translate3d(0px, 143.50739%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Credit - Google

While Bitcoin's rise excites investors, experts warn of its volatility. Its unpredictable nature makes it a high-risk asset unsuitable for all.

[{"selector":"#anim-64276231-7359-4004-9251-f295652e5ba3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.235351448636845%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-fb383527-d6af-40c9-8d60-bc37fd688f81","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-edf28954-2204-4d82-920e-c97ae2d4fd3c","keyframes":{"transform":["translate3d(0px, 136.23458%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Credit - Google

Bitcoin's journey past $100,000 is historic, but caution remains essential. As momentum builds, investors must weigh potential rewards against inherent risks.

[{"selector":"#anim-0d31d8ec-36b6-46bc-98fe-e5403dba5b62","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c6ef2c2-9702-4594-8612-255e37e11a28","keyframes":{"transform":["translate3d(0px, 165.67052%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ab4b329-24f0-476f-acba-2770d3d49204 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Credit - Google Learn more