Bitcoin hits $100k and surges above, hitting the most awaited milestone of 2024
Trending Articles- Markets in 2026: Will gold, Bitcoin, and the U.S. dollar make history again? — These are how leading institutions think
- US Q4 Earnings Season Set to Begin: Can US December CPI Data Bolster Rate Cut Case? [Weekly Preview]
- Gold Price Forectast: XAU/USD rises above $4,600 on US rate cut expectations, Fed uncertainty
- Trump’s Tariff Ruling Lands Today: Market to Rise or Fall — The Decision Will Tell
- US Dollar Index steadies above 99.00 ahead of Retail Sales, PPI data
- WTI maintains position above $59.00 as supply risks grow
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.
