Bitcoin has surpassed the $100,000 milestone and reached a new all-time high of $103,850 due to positive regulatory developments, growing institutional interest, and global endorsements. The appointment of Paul Atkins as the new chair of the U.S. SEC, known for his pro-crypto stance, has been a key factor in Bitcoin's surge. BlackRock's Bitcoin ETF reaching $50 billion in assets under management and global recognition from leaders like Russian President Vladimir Putin have also contributed to the rise. Bitcoin's market cap has exceeded $2 trillion, and optimistic investors predict it could reach $120,000 by the end of December. Despite the possibility of short-term corrections, Bitcoin's future looks promising with support from various sectors.



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