Bitcoin has soared to a record-breaking $103,800, marking a significant milestone in the cryptocurrency market.
This historic surge, representing a 50% increase since President-elect Donald Trump’s election victory, has been attributed to his pro-crypto stance and the nomination of Paul Atkins, a known cryptocurrency advocate, as SEC chair. 
Investors have been further encouraged by Trump’s declaration to position the U.S. as “the bitcoin superpower of the world,” signaling a shift toward a more favorable regulatory environment for digital assets.
“Bitcoin reaching $100k is an incredible milestone for our movement,” said Kris Marszalek, CEO of Crypto.com, reflecting the optimism within the crypto community.
Analysts point to a sharp reversal from Bitcoin’s $16,000 low during the sector’s downturn two years ago, with institutional investors now fueling growth.
BlackRock’s Bitcoin ETF has amassed $45 billion in assets, and $4.4 billion has flowed into crypto ETFs since November.
Cameron Winklevoss, co-founder of Gemini, emphasized, “This Bitcoin bull run is different. We have a pro-tech president-elect and a mandate from the country to build.”
Trump’s administration has also sparked enthusiasm with key appointments, including Elon Musk to co-lead the “Department of Government Efficiency.”
Meanwhile, the president-elect has pledged to retain all Bitcoin held by the U.S. government, further solidifying his pro-crypto agenda.
As Bitcoin trades at $102,724.32, the market braces for what many analysts predict to be a “golden era” for digital assets under this new leadership.
However, with institutional support and regulatory optimism, the cryptocurrency landscape appears poised for transformative growth.
