Bitcoin hits $100k and surges above, hitting the most awaited milestone of 2024
Trending Articles- Gold Price Trend Forecast: Expectations of Easing US-Iran Tensions Boost Gold Prices, $4,070 Becomes Key Level for Bulls and Bears
- Gold rallies to over two-week high, eyes $4,150 as traders track US-Iran diplomacy efforts
- TradingKey Daily Market Brief: Gold Falls Below $4,000, TSMC’s Strong Earnings Fail to Stop AI Trade Cooling, Chip Stocks Sold Off
- Gold Price Forecast: Cooling Inflation Fails to Offset Fed Hawkish Pressure, Gold Price May Fall to $3,500
- Euro declines to near 1.1400 as US launches fresh strikes on Iran
- Tesla Q2 Earnings Preview: Record Deliveries Fail to Hide Profit Pressure, Can Musk Rely on AI and Autonomous Driving to Unlock New Growth Space?
Bitcoin has surged above the price of $100,000 USD on Wednesday, December 5 and touched $104,000. It was the most awaited milestone for the leading cryptocurrency in this bull cycle.
Bitcoin has increased by 126% from the beginning of 2024 till date. Resisting the pushbacks in between, BTC managed to cross the $100k mark in the final month of 2024, right before Trump is preparing to take office as president.
Michael Saylor calls for a $100k Bitcoin party
There is going to be a 100K Party. 🚀https://t.co/Vo52KQZRe5
— Michael Saylor⚡️ (@saylor) December 5, 2024
Michael Saylor, the CEO of MicroStrategy Inc., who is among the biggest holders of this bullish asset, celebrated the milestone in a tweet and called for a $100k party.
The bull run for Bitcoin may have officially started after Donald Trump won over the presidential election, as the asset has increased by 48% since then.
BTC is currently up by 6.23% in the last 24 hours, and sits at a price of $102,865 at the time of this writing.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
