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Bitcoin hits $100,000 as Trump fuels crypto fever
The Guardian
|December 06, 2024
Bitcoin has crossed $100,000 for the first time, scaling a fresh record high amid a euphoric rally sparked by Donald Trump's election victory.
The world's largest and most valuable cryptocurrency - prone to volatile market surges and routs - has been lifted in recent weeks by hopes that the president-elect's return to the White House will usher in a new era of lighter regulation and supportive policies.
On Thursday it hit an all-time high of $103,619. Since election day, it has rallied by about 45%. Other cryptocurrencies have enjoyed similar gains.
"We're witnessing a paradigm shift. After four years of political purgatory, bitcoin and the entire digital asset ecosystem are on the brink of entering the financial mainstream," said Mike Novogratz, founder and CEO of the US crypto firm Galaxy Digital.
"This momentum is fueled by institutional adoption, advancements in tokenization and payments, and a clearer regulatory path."
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FLERE HISTORIER FRA The Guardian
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