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Bitcoin Surpasses $100,000 Amidst Optimism and Market Rally

1 min read
Source: CNBC
Bitcoin Surpasses $100,000 Amidst Optimism and Market Rally
Photo: CNBC
TL;DR

Bitcoin has surpassed the $100,000 mark for the first time, driven by optimism over a more supportive regulatory environment under President-elect Donald Trump, who plans to nominate Paul Atkins as SEC chair. This milestone is celebrated by long-term investors and is seen as a sign of Bitcoin's growing acceptance in the financial mainstream, bolstered by institutional interest and the launch of spot Bitcoin ETFs. Federal Reserve Chair Jerome Powell likened Bitcoin to digital gold, highlighting its role as an investment asset rather than a currency.

Topics:top-newscryptocurrency#bitcoin#cryptocurrency#institutional-investment#market-rally#regulation
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  1. Bitcoin tops $100,000 as monster 2024 rally reaches new heights  CNBC
  2. Bitcoin Hits $100,000 for First Time on Optimism Over US Support  Bloomberg
  3. Bitcoin tops $100,000 on optimism over Trump crypto plans  Reuters
  4. Bitcoin, XRP, Hedera, Chainlink, and more: Cryptocurrencies to watch this week  Quartz
  5. Bitcoin Is Surging Toward $100,000. Why That's Set To Unleash A New Wave Of Buyers.  Investor's Business Daily

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