Bitcoin has reached a new all-time high of $107,140, with its market cap surpassing $2 trillion. The surge is attributed to Donald Trump's return to power, as he has expressed support for Bitcoin and appointed a crypto advocate to the SEC. First-time buyers are entering the market, drawn by the hype and fear of missing out. Institutional adoption and the launch of Bitcoin exchange-traded funds (ETFs) have also contributed to the growing enthusiasm for crypto. Accessibility through platforms like Crypto.com has made it easier for new investors to participate. Despite its volatile history, Bitcoin's resilience has convinced many that it is a reliable investment.
- Content Editor ( cryptopolitan.com )
- 2024-12-16
Bitcoin surges past $107k in relentless bull run, turning long-term skeptics into buyers