Bitcoin's market capitalization has reached $2.04 trillion, surpassing the market value of companies in the S&P 500 except Apple and Microsoft. Its price is currently at $101,791 and reached a new all-time high of $103,587. Bitcoin has also surpassed Amazon, Alphabet, and Nvidia in terms of market value. The broader crypto market has seen significant growth, with a total capitalization of $3.5 trillion. The increase in Bitcoin's price is attributed to optimism surrounding pro-crypto policies expected under President-elect Donald Trump and the nomination of crypto advocate Paul Atkins as the SEC chair. Major institutions are showing interest in Bitcoin, and there is anticipation of policies from Trump's administration that could further boost Bitcoin. A White House Crypto Czar is also expected to be announced on Inauguration Day.



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