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Reading: Bitcoin Breaks $100K Barrier: A Crypto Milestone Unleashed
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Crypto & Web3

Bitcoin Breaks $100K Barrier: A Crypto Milestone Unleashed

Nicole Kristine Jovero
Last updated: December 10, 2024 12:56 am
Nicole Kristine Jovero
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1 Min Read
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  • Bitcoin rocketed past $100,000
  • Trump’s crypto-friendly stance energizes market
  • Investors see transformative digital currency potential

Contents
Digital Gold Hits New HeightsPolitical Winds Fuel Crypto MomentumInvestment Landscape Transforms

Digital Gold Hits New Heights

Bitcoin surged past the $100,000 milestone on Wednesday, marking a significant moment in cryptocurrency history.

The digital currency experienced a remarkable 5% price jump within 24 hours, continuing its impressive trajectory for the year.

Political Winds Fuel Crypto Momentum

The latest rally appears closely tied to political developments, particularly surrounding Donald Trump’s potential return to power. Trump’s selection of Paul Atkins, a known crypto enthusiast, as potential SEC chairman has injected fresh optimism into the market, contrasting sharply the regulatory approach of the current administration.

Investment Landscape Transforms

Small businesses are increasingly diversifying their investment strategies, shifting portions of their cash reserves into cryptocurrency.

Bitcoin’s price has skyrocketed approximately 50% since election day and more than doubled over the past year, signaling growing mainstream acceptance and investor confidence in digital assets.

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