#CryptoUsersHit18M

Bitcoin (BTC) has recently experienced significant developments:

Price Surge: On December 16, 2024, Bitcoin surpassed $107,000, reaching a session high of $107,148.

Strategic Reserve Proposal: President-elect Donald Trump has proposed establishing a U.S. Bitcoin strategic reserve, akin to the strategic oil reserve, signaling a potential shift towards a more crypto-friendly administration.

MicroStrategy's Market Influence: MicroStrategy, a major corporate Bitcoin holder, is set to be included in the Nasdaq 100. This inclusion is anticipated to attract further investment into the company, potentially impacting Bitcoin's market dynamics.

Market Growth: Since the U.S. presidential election, Bitcoin's value has increased by 50%, contributing to the cryptocurrency market's expansion to over $3.8 trillion.

These developments highlight the evolving landscape of Bitcoin and its growing significance in global financial markets.