Bitcoin storms US$100,000 milestone as Trump’s SEC pick fuels crypto euphoria | The Straits Times

Bitcoin has more than doubled in 2024 and is up more than 50 per cent since Trump’s election victory on Nov 5. Read more at straitstimes.com.

NEW YORK – Bitcoin catapulted above US$100,000 for the first time on Dec 5, a milestone hailed even by sceptics as a coming-of-age for cryptocurrencies as investors bet on a friendly Trump administration to cement crypto’s place in financial markets.
It has more than doubled in value in 2024 and is up more than 50 per cent in the four weeks since Donald Trump’s sweeping victory in the US presidential election on Nov 5.
Once it broke US$100,000 in early Asian trading on Dec 5,


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