Bitcoin

2024 - 12 - 5

Bitcoin Hits $100K: Has Trump Brought the Crypto Party?

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Bitcoin just hit $100,000! Is Trump our new crypto cheerleader? Let’s dive into the wild ride!

It’s official! Bitcoin has made history by crashing through the $100,000 barrier for the first time! The cryptocurrency, which once plummeted to below $17,000 after the FTX collapse, celebrated this milestone with a resounding pop as financial traders raised their glasses in joyous cheer. This monumental leap comes on the heels of U.S. president-elect Donald Trump’s surprising choice of the crypto-enthusiast Paul Atkins to lead the Securities and Exchange Commission, igniting hopes for a more lenient regulatory environment. Investors are feeling optimistic as bets pour in on a crypto-friendly Trump administration, turning the market’s gaze towards the future with a glitter of excitement.

The surge past $100,000 isn’t just a pinch in the portfolio of seasoned investors; it’s a cheer for the entire cryptocurrency world. Bitcoin careened past NZ$170,000, marking a milestone that even the skeptics can’t ignore. With recent enthusiasm about Trump's nomination, Bitcoin enthusiasts are surrounding themselves with digital confetti, convinced that this is merely the beginning. Following the election, crypto aficionados noticed an impressive climb of over 40% in Bitcoin’s value, making now a prime time for buying or holding as the market swells with anticipation.

As the dust settles after the recent excitement, many wonder: what's next for Bitcoin? Should you stash away your Kiwi savings and jump aboard the crypto train? With Donald Trump bringing a wave of pro-crypto policies and regulations, the potential lies ahead much like the spread of a summer barbeque scent wafting through the air. Will Bitcoin ride this rollercoaster to new heights, or will it find itself struggling to maintain momentum? Only time will tell, but it certainly makes for an exhilarating watch!

Interestingly, while cryptocurrencies dance their way into mainstream finance, El Salvador's president, Nayib Bukele, is beaming with pride as his gamble on Bitcoin has seemingly paid off, boasting a profit of over $300 million following this monumental rise. Additionally, Bitcoin mining—the bizarre (and somewhat puzzling) operation that keeps Bitcoin alive—boasts an impressive surface of mathematical complexity. Yet it turns out, the math problems miners solve aren’t as daunting as one might think! Instead, they focus on verifying transactions and ensuring the network’s security, making the world of Bitcoin as inviting as it is mystifying! Get your popcorn ready—it seems we’re in for a wild ride!

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Image courtesy of "New Zealand Herald"

Bitcoin hits US$100000 for the first time (New Zealand Herald)

Bitcoin broke US$100000 ($170000) for the first time today as traders cheered Donald Trump 's decision to pick a crypto fan to head the US securities...

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Image courtesy of "NPR"

Bitcoin hits $100000 for the first time. 3 things to know about an ... (NPR)

In fact, bitcoin hit the $100,000 milestone after Trump picked crypto supporter Paul Atkins as the next chair of the Securities and Exchange Commission earlier ...

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Image courtesy of "The Guardian"

Bitcoin price tops $100000 for first time as Trump win fuels crypto fever (The Guardian)

Largest cryptocurrency, prone to volatile market surges, lifts amid hopes of lighter regulation with Trump's return.

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Image courtesy of "Financial Times"

Bitcoin hits $100000 as Trump era hopes grow (Financial Times)

Cryptocurrency has climbed more than 40% since US election on bets president-elect will bring in pro-crypto regulation.

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Image courtesy of "Sky News"

Bitcoin hits $100000 as Trump picks cryptocurrency fan to head ... (Sky News)

As of 4am in the UK, Bitcoin was trading at $103280 (£81160), having leapt in value by 7.9% in the previous 24 hours.

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Image courtesy of "CBS News"

Bitcoin price reaches $100000-mark for first time ever (CBS News)

This comes just two years after Bitcoin's price dropped below $17000 following the collapse of crypto exchange FTX.

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Image courtesy of "ABC News"

Stock market today: Bitcoin hits $100000 and Asian shares are ... (ABC News)

Bitcoin has surpassed $100000 while Asian shares are mostly higher, taking their cues from another Wall Street record rally.

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Image courtesy of "Aljazeera.com"

Bitcoin tops $100000 after Trump picks crypto-friendly SEC chair (Aljazeera.com)

Cryptocurrency surges to new high after Paul Atkins is nominated to head the Securities and Exchange Commission.

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Image courtesy of "EURACTIV"

Bitcoin storms above $100000 as bets on Trump fuel crypto euphoria (EURACTIV)

The milestone was hailed as a coming-of-age for cryptocurrencies as investors bet on a friendly US administration to cement crypto's place in financial ...

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Image courtesy of "Financial Times"

Bitcoin hit $100000. What's next? (Financial Times)

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bitcoin's hit $100,000. Congrats on the money, everyone! It's ...

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Image courtesy of "Forbes"

What Math Problems Do Bitcoin Miners Really Solve (Forbes)

What math Bitcoin mining actually requires and why complex mathematical skills aren't needed to understand or participate in mining.

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Image courtesy of "Reuters"

Experts react to bitcoin's $100000 milestone (Reuters)

"Individual investors must be excited to see the BTC price top $100,000 following the news of Paul Atkins being nominated as SEC chair. Markets knew Gensler ...

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Image courtesy of "BBC News"

Bitcoin hits $100000 as investors bet on Trump crypto rally (BBC News)

The world's largest cryptocurrency rose to around $103,400 shortly after 04:00 GMT on Thursday, before falling slightly. Dan Coatsworth, investment analyst at ...

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Image courtesy of "USA TODAY"

Bitcoin just hit $100000. Where will it go in 2025? (USA TODAY)

What does Bitcoin's $100000 milestone mean for investors? Here's what you need to know about the cryptocurrency's direction in 2025 and beyond.

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Image courtesy of "FRANCE 24"

Bitcoin breaks $100000 barrier for first time on hopes Trump will ... (FRANCE 24)

Bitcoin on Thursday for the first time broke the $100000 barrier after US president-elect Donald Trump announced he had nominated crypto proponent Paul ...

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Image courtesy of "Forbes"

Bitcoin Above $100000: What Next? (Forbes)

Bitcoin sign stock market data. Bitcoin is trading above $100,000. getty. You can buy at the bottom of an asset's range because no one else wants to ...

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Image courtesy of "USA TODAY"

Bitcoin price rockets past $100000 for 1st time as Trump signals ... (USA TODAY)

Bitcoin surpassed $100000 for the first time amid anticipation of a crypto-friendly administration when Donald Trump heads to the White House.

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Image courtesy of "CBS News"

Bitcoin tops $100000 for the first time. Here's what's driving gains. (CBS News)

Bitcoin's milestone surge past $100000 came after President-elect Donald Trump nominated Paul Atkins as SEC chair.

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Image courtesy of "ABC News"

From outsider to the Oval Office, bitcoin surges as a new ... (ABC News)

Bitcoin burst on the scene after trust had withered in the financial system and Washington's ability to protect people from it.

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Image courtesy of "Reuters"

Bitcoin storms above $100000 as Trump 2.0 fuels crypto euphoria (Reuters)

The milestone was hailed even by sceptics as a coming-of-age for cryptocurrencies as investors bet on a friendly US administration to cement crypto's place ...

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Image courtesy of "Stuff.co.nz"

Bitcoin surpasses US$100000 (Stuff.co.nz)

But what does it mean for Kiwi investors? James Quinn-Kumar, director of community engagement for cyrpto currency company Binance Australia and New Zealand, ...

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Image courtesy of "PBS NewsHour"

What's next for Bitcoin as it surpasses $100000 in post-election rally? (PBS NewsHour)

Bitcoin has topped the $100000 mark as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, ...

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Image courtesy of "RNZ"

Bitcoin storms above US$100000 as Trump 2.0 fuels crypto euphoria (RNZ)

Bitcoin has catapulted above NZ$170000 for the first time, a milestone hailed even by sceptics as a coming-of-age for digital assets.

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Image courtesy of "Forbes"

From Revolution To Evolution: Bitcoin Breaks The $100K Barrier (Forbes)

Bitcoin is a story of how revolutions are won. Let us now move on to the evolution of the digital financial ecosystem and transform it for the benefit of ...

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Image courtesy of "Yahoo Finance"

Bitcoin just crossed $100000 for the first time. Wall Street sees ... (Yahoo Finance)

After Trump's election win catalyzed a crypto rally with hopes support of digital currencies and a more friendly regulatory regime would bolster the space, this ...

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Image courtesy of "ABC News"

El Salvador's president is triumphant after his bet on bitcoin comes true (ABC News)

El Salvador's President Nayib Bukele is triumphant about his big bet on bitcoin as the cryptocurrency reached historic highs, surpassing $100000 for the ...

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Image courtesy of "MarketWatch"

El Salvador sits on $300 million-plus profit as bitcoin hits a milestone (MarketWatch)

Among those celebrating bitcoin's ascendance past $100,000 is the country of El Salvador. President Nayib Bukele on Thursday posted a screenshot of the ...

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Image courtesy of "Yahoo Finance"

Bitcoin Briefly Slumps Nearly 7% as Traders Hedge for Pullback (Yahoo Finance)

The digital asset fell as low as $92,144 on Friday before steadying at $97,851 as of 6:05 a.m. in London. Volatility hit the wider crypto market too amid a ...

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