{"id":68910,"date":"2024-12-05T07:55:00","date_gmt":"2024-12-05T07:55:00","guid":{"rendered":"https:\/\/coinjournal.net\/?p=254246"},"modified":"2024-12-05T07:55:00","modified_gmt":"2024-12-05T07:55:00","slug":"bitcoin-hits-100k-for-the-first-time-as-bull-run-continues","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/bitcoin-hits-100k-for-the-first-time-as-bull-run-continues\/","title":{"rendered":"Bitcoin hits $100k for the first time as bull run continues"},"content":{"rendered":"\n<ul>\n<li aria-level=\"1\">Bitcoin reached the milestone on December 5<\/li>\n<li aria-level=\"1\">Over the past 30 days, Bitcoin has increased in value by nearly 50% and 140% in YTD value<\/li>\n<li aria-level=\"1\">It comes as President-elect Donald Trump named Paul Atkins as the next US SEC chair<\/li>\n<\/ul>\n<p>Bitcoin has reached a new all-time high, hitting $100,000 for the first time, continuing its bull run since the start of November.<\/p>\n<p>On December 5, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/search\/bitcoin\">Bitcoin<\/a> broke the $100,000 milestone after getting within touching distance of the psychological level on November 22, at <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/bitcoin-gets-within-touching-distance-of-100k-as-rally-continues\/\">over $99,000<\/a>. Data from CoinMarketCap shows Bitcoin reached more than $103,500 around 04:05 this morning.<\/p>\n<p><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-254250\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/12\/Bitcoin-100000.jpg\" alt=\"\" width=\"1393\" height=\"745\"><\/p>\n<p>At the time of publishing, Bitcoin is trading at around $101,000. Over the past 30 days, the crypto asset has risen nearly 50% in value while its year-to-date value has increased by 140%.<\/p>\n<p>While there are <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/post-halving-2024-market-is-pushing-bitcoins-price-not-just-trump-says-onramp-bitcoin-co-founder\/\">underlying factors<\/a> relating to Bitcoin&#8217;s price rise, Donald Trump&#8217;s presidential victory last month has given the asset a significant push. It also hasn&#8217;t hurt Bitcoin that <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/search\/donald+trump\">Trump<\/a> announced <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/donald-trump-selects-pro-crypto-paul-atkins-to-be-the-next-us-sec-chair\/\">pro-crypto Paul Atkins<\/a> as the next chair of the US Securities and Exchange Commission.<\/p>\n<p>Trump has also picked <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/nyt-trump-reconsiders-pro-crypto-choices-for-treasury-secretary-slows-down-his-selection-process\/\">Scott Bessent<\/a> and Howard Lutnick to head the US Secretary of Treasury and Commerce departments.<\/p>\n<p>Taking to X, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/search\/michael+saylor\">Michael Saylor<\/a>, CEO of MicroStrategy, <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/x.com\/saylor\/status\/1864500456552005731\">said<\/a> &ldquo;there&#8217;s going to be a $100k party.&rdquo;<\/p>\n<p>Earlier this week, Saylor urged Microsoft to adopt Bitcoin saying it represents &ldquo;<a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/michael-saylor-urges-microsoft-to-adopt-bitcoin-says-it-represents-digital-capital\/\">digital capital<\/a>.&rdquo;<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/bitcoin-hits-100k-for-the-first-time-as-bull-run-continues\/\">Bitcoin hits $100k for the first time as bull run continues<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Bitcoin reached the milestone on December 5 Over the past 30 days, Bitcoin has increased in value by nearly 50% and 140% in YTD value It comes as President-elect Donald Trump named Paul Atkins as the next US SEC chair Bitcoin has reached a new all-time high, hitting $100,000 for the first time, continuing its [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/bitcoin-hits-100k-for-the-first-time-as-bull-run-continues\/\">Bitcoin hits $100k for the first time as bull run continues<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":68911,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43,43,43,43,43,43,43,43],"tags":[],"class_list":["post-68910","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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