Bitcoin surpassed the $100,000 mark for the first time on Thursday, riding a wave of optimism fueled by expectations of a pro-crypto regulatory environment under U.S. President-elect Donald Trump.
The milestone highlights Bitcoin’s growing acceptance in traditional finance and the potential for broader institutional adoption.
Investors are banking on Trump's crypto-friendly policies, which aim to establish the US as a global leader in digital assets.
Bitcoin has seen a meteoric rise this year, doubling in value and gaining 45% in the weeks since Trump's election victory.
At the time this article was written, Bitcoin was trading at US$102,302, up 6.64% from the previous session.