Bitcoin has successfully crossed the $100,000 level. The crypto currency has crossed this milestone very quickly. According to a news agency, Bitcoin crossed the $100,000 level for the first time on Thursday. The price of this digital currency has reached a record high. A large part of the experts are predicting that the bull run of the cryptocurrency will continue in the future. The cryptocurrency has seen a great rise since Donald Trump won the US presidential election. According to experts, it is expected that Donald Trump will introduce crypto-friendly policies as the new US President.
Due to this expectation, Bitcoin and other cryptocurrencies are also seeing a great increase. Trump is set to take office as the US President next month. According to sources, Bitcoin was trading at a record high of $102,727 as of 8:43 am on Thursday. Although the volatility pressure was noticeable last week, this cryptocurrency quickly recovered. It has seen a great increase in the subsequent period. The digital currency has successfully crossed the $100,000 milestone for the first time thanks to the continuous increase.
Incidentally, Donald Trump won the US presidential election on November 5, 2024. Since then, Bitcoin has seen a great increase. During the election campaign, Trump promised to make the United States the ‘Bitcoin and Cryptocurrency Capital of the World’. Bitcoin has seen a growth of more than 50 percent since Trump’s victory. This cryptocurrency has grown by about 134 percent this year. Also, other altcoins have seen great performance in recent times. Dogecoin has seen a stunning rise. This cryptocurrency has given a return of 177.50 percent in a one-month period. In a year, Dogecoin has yielded a return of 404.71 percent.
