Bitcoin has made headlines by crossing the significant $100,000 milestone, marking a substantial rise from its recent monthly low. This growth represents a 49.25% increase, highlighting the impressive rally that took Bitcoin from trading at $66,803 to this historic peak.
The rally commenced on November 4, starting a journey that would lead Bitcoin, the world’s leading cryptocurrency, to break the six-figure barrier. This development has been a long time in the making, over a decade, sparking curiosity about what the future holds for Bitcoin.
The landmark achievement occurred in conjunction with pivotal events, including political changes with the American elections, further influencing market perception and confidence. The reach of $100K is not only a testament to Bitcoin's resilience but also poses new questions for investors and market analysts about the next potential milestones.