BREAKING: Bitcoin Passes $100k For The First Time Ever
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December 4, 2024 9:01 pm
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The wait is over.
For the first time, Bitcoin has passed $100,000.
The big move by Bitcoin comes as many investors are getting ready for a pro-crypto Trump admin.
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Take a look:
The price of bitcoin has pushed past $100K for the first time ever as the post-election rally in crypto continues. $BTChttps://t.co/Zk4jinvFwU
— CoinDesk (@CoinDesk) December 5, 2024
🚨BREAKING: BITCOIN CROSSES $100k
Source: @WatcherGuru pic.twitter.com/YHy7yCVJs4
— Mario Nawfal (@MarioNawfal) December 5, 2024
Here’s how social media users reacted:
Saylor watching Bitcoin pop $100k pic.twitter.com/2AkXy7jmGR
— intern ⨀ (@intern) December 5, 2024
100k $BTC at last. Insane levels incoming boys, brace yourselves for alt season. #Altcoins #btc100k #btc pic.twitter.com/ABjCrT4SIq
— KinkSync (@thekinksync) December 5, 2024
Bitcoin has officially crossed over 100k 👀 pic.twitter.com/hHdPxu6DDp
— Alex Rosen (@iFightForKids) December 5, 2024
Bitcoin hits 100k after announcing me speaking at Bitcoin Mena
Coincidence? #CTESPN https://t.co/AzDtNbZlAz
— AB (@AB84) December 5, 2024
Per Reuters:
Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.
Bitcoin has more than doubled in value this year and is up about 45% in the four weeks since Trump’s sweeping election victory, which also saw a slew of pro-crypto lawmakers being elected to Congress.
It last traded at $100,027 as of 0240 GMT, up 2.2% on the previous session, after earlier rising as high as $100,277.
It has now reached over $101,000:
Good evening pic.twitter.com/bSrRGcLow8
— Andrew Torba (@BasedTorba) December 5, 2024
Per CNN:
Bitcoin has hit $100,000 for the first time on Wednesday, surging to a new record after President-elect Donald Trump unveiled administration picks seen as holding the keys to ushering in crypto-friendly policies when he takes office in January.
Chief among the picks is Paul Atkins, whom Trump intends to nominate to lead the Securities and Exchange Commission (SEC), which regulates cryptocurrency.
Atkins, a crypto advocate and former SEC commissioner, is expected to regulate cryptocurrency with a lighter touch than Gary Gensler, who leads the commission under the Biden administration. Gensler, who aggressively fought the industry’s expansion in the US, is set to resign on Inauguration Day.
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