Bitcoin Finally Shatters $100K Barrier After Decade-Long Journey: What’s Next?

Bitcoin has surpassed the $100K milestone, representing a 49.25% increase from its monthly low. The cryptocurrency now commands a market cap of $2 trillion, surpassing major assets like Saudi Aramco and Facebook. Experts predict Bitcoin’s price could reach $500K in the future. Bitcoin, the world’s leading crypto asset, has finally crossed the $100,000 milestone after over a decade in the making. The rally that propelled Bitcoin to this landmark began on November 4, when it traded at $66,803. The following day, Americans elected pro-Bitcoin candidate Donald Trump as president, fueling the market’s momentum. With Trump emerging victorious, the Bitcoin market quickly responded , reaching an intraday peak of $76,522 on November 6 and maintained its upward trajectory, ultimately breaching the $100K mark. This growth represents a massive 49.25% increase from its monthly low. Considering that Bitcoin traded as low as $0.04865 on July 14, 2010, the leading crypto asset has appreciated by 205,549,745% in 14 years, making it one of the most profitable investments in recent decades. Now valued at over $100K, it commands an unprecedented market cap of $2 tri… The post Bitcoin Finally Shatters $100K Barrier After Decade-Long Journey: What’s Next? appeared first on Coin Edition .

Source: Coin Edition