Bitcoin surpassed the $100,000 mark in December, marking the end of a transformative year for the cryptocurrency. The rise was fueled by various factors, including the launch of US spot bitcoin ETFs, the election of President Trump, and the appointment of a new SEC chair who is seen as a crypto advocate. The market cap of bitcoin is still much smaller compared to gold, indicating there is potential for further growth. The momentum behind bitcoin's rise is expected to continue, although volatility is a concern. Bitcoin has a history of price swings, with previous highs followed by significant downturns. While there is optimism regarding the regulatory and legislative clarity that may come under the Trump Administration, there are also concerns that expectations may not be met. A key target for bitcoin is set at $110,000, and industry watchers advise caution given the volatility of the asset.



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