2024.12.05 · 랠리

$100,000 breached

Fueled by expectations around Trump's re-election and pro-crypto policy, Bitcoin entered six figures for the first time ever.

The rally continued right after Trump's re-election in November, and on December 5 Bitcoin finally crossed $100,000 for the first time. Trump's pledge for a 'strategic Bitcoin reserve,' expectations of a pro-crypto SEC chair nomination, and ETF inflows all worked together. Strategy (formerly MicroStrategy) issued billions of dollars in convertible notes to buy Bitcoin, boosting institutional demand.

$100,000+ (2024.12.05)

Sources & references

Reuters — Reuters — Bitcoin tops $100K ↗
Reuters coverage analyzing the market drivers behind Bitcoin's first crossing of $100,000.