Bitcoin Surpasses $100,000: A Historic Milestone
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Bitcoin, the world’s leading cryptocurrency, has officially shattered the long-anticipated $100,000 barrier, sparking widespread excitement and debate across financial markets.
The rally, which saw Bitcoin briefly touch $103,000 before stabilising around $101,000, marks a significant achievement for the digital asset.
Experts attribute this milestone to a combination of factors, including pro-crypto policies under the Trump administration, rising institutional participation, and increasing global adoption.
What’s Next For Bitcoin?
Although Bitcoin’s surge above $100,000 is a significant psychological and technical milestone, the cryptocurrency market remains inherently volatile.
The recent dip from $103,000 to $101,000 highlights the profit-taking by short-term traders and suggests that further consolidation may occur before the next leg higher.
Whether Bitcoin can sustain its upward momentum or encounter resistance at current levels remains to be seen, but its crossing of the $100,000 threshold underscores its evolution from a niche asset to a key player in the global financial system.
Data: eToro, MarketScreener
