Bitcoin hits $100,000 milestone for the first time

Bitcoin has surpassed $100,000 for the first time, driven by optimism following the election of Donald Trump as U.S. president and expectations of a crypto-friendly regulatory environment. The cryptocurrency has surged over 45% in the four weeks since the election and more than doubled its value this year.

As of now, Bitcoin is trading at $100,027, marking a historic milestone. Mike Novogratz, CEO of Galaxy Digital, remarked, “Bitcoin and the entire digital asset ecosystem are on the brink of entering the financial mainstream. This momentum is fueled by institutional adoption, advancements in tokenization and payments, and a clearer regulatory path.”

Bitcoin Performance Data:

  • 1 day: 4.03%
  • 1 week: 7.10%
  • 1 month: 51.52%
  • 6 months: 48.23%
  • Year-to-date: 143.17%
  • 1 year: 133.08%
  • 5 years: 1,260%
  • All time: 942,620%

Sixteen years after its inception, Bitcoin is closer to mainstream acceptance, showcasing its resilience despite skepticism and past controversies.