Bitcoin Reached $100K and these Crypto Stocks are Soaring!
Bitcoin has officially surpassed $100,000 for the first time in history, here’s what to expect!
This surge comes as the crypto market continues to defy expectations, with Bitcoin climbing over 140% in 2024 alone, and 48% since the U.S. presidential election.
What’s driving this rally, and what does it mean for the broader market?
What’s Behind the $100K Milestone?
Bitcoin’s remarkable climb above the $100,000 mark has many traders and investors asking: What’s fueling this unprecedented rise?
Price Surge
As of December 5, Bitcoin hit a record high of $103,844.05, a surge of over 3% in just one day, pushing the digital currency to new heights. This marks a more than 140% increase in 2024 alone.
Institutional Interest
The growing adoption of Bitcoin by institutional investors is playing a pivotal role in driving prices up.