Bitcoin (BTC) reached a historic milestone on December 5, 2024, surpassing $100,000 for the first time and climbing to $101,000, with a market cap of $2 trillion and trading volume up 28% to $88 billion. The surge is attributed to bullish market sentiment, Trump’s nomination of pro-crypto Paul Atkins as SEC Chair, and Fed Chair Jerome Powell acknowledging Bitcoin as a "rival to gold." Analysts remain optimistic, with projections ranging from $150,000 to $500,000 in the coming years. Bernstein Research predicts $200,000 by 2025, while Cardano founder Charles Hoskinson expects a rise to $250,000 or higher.

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