The price of Bitcoin surpassed 100,000 dollars this morning, reaching a new all-time high and currently trading at 104,088 dollars, with a 6.6% increase in the last 24 hours.
It is expected that the price could reach 120,000 dollars by Christmas, backed by growing enthusiasm in the sector and support from President Trump, who has nominated Paul Atkins as the next president of the SEC, with a favorable attitude towards cryptocurrencies.
Institutional participation in Bitcoin has grown significantly in the past year, with an increase in spot ETF inflows in the United States. This advancement marks a historic moment in the cryptocurrency industry, demonstrating the growing adoption and resilience of Bitcoin as a global asset, with an 85% increase in trading volume in the last 24 hours.
The 100,000 dollar mark represents great opportunities and reflects the significant progress of the cryptocurrency industry.