{"id":1994,"date":"2024-12-05T08:17:15","date_gmt":"2024-12-05T08:17:15","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2024\/12\/05\/bitcoin-hits-100k-for-the-first-time-as-bull-run-continues\/"},"modified":"2024-12-05T08:17:15","modified_gmt":"2024-12-05T08:17:15","slug":"bitcoin-hits-100k-for-the-first-time-as-bull-run-continues","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2024\/12\/05\/bitcoin-hits-100k-for-the-first-time-as-bull-run-continues\/","title":{"rendered":"Bitcoin hits $100k for the first time as bull run continues"},"content":{"rendered":"<p>Bitcoin reached the milestone on December 5<br \/>\nOver the past 30 days, Bitcoin has increased in value by nearly 50% and 140% in YTD value<br \/>\nIt comes as President-elect Donald Trump named Paul Atkins as the next US SEC chair<\/p>\n<p>Bitcoin has reached a new all-time high, hitting $100,000 for the first time, continuing its bull run since the start of November.<\/p>\n<p>On December 5, <a href=\"https:\/\/coinjournal.net\/search\/bitcoin\">Bitcoin<\/a> broke the $100,000 milestone after getting within touching distance of the psychological level on November 22, at <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-gets-within-touching-distance-of-100k-as-rally-continues\/\">over $99,000<\/a>. Data from CoinMarketCap shows Bitcoin reached more than $103,500 around 04:05 this morning.<\/p>\n\n<p>At the time of publishing, Bitcoin is trading at around $101,000. Over the past 30 days, the crypto asset has risen nearly 50% in value while its year-to-date value has increased by 140%.<\/p>\n<p>While there are <a href=\"https:\/\/coinjournal.net\/news\/post-halving-2024-market-is-pushing-bitcoins-price-not-just-trump-says-onramp-bitcoin-co-founder\/\">underlying factors<\/a> relating to Bitcoin\u2019s price rise, Donald Trump\u2019s presidential victory last month has given the asset a significant push. It also hasn\u2019t hurt Bitcoin that <a href=\"https:\/\/coinjournal.net\/search\/donald+trump\">Trump<\/a> announced <a href=\"https:\/\/coinjournal.net\/news\/donald-trump-selects-pro-crypto-paul-atkins-to-be-the-next-us-sec-chair\/\">pro-crypto Paul Atkins<\/a> as the next chair of the US Securities and Exchange Commission.<\/p>\n<p>Trump has also picked <a href=\"https:\/\/coinjournal.net\/news\/nyt-trump-reconsiders-pro-crypto-choices-for-treasury-secretary-slows-down-his-selection-process\/\">Scott Bessent<\/a> and Howard Lutnick to head the US Secretary of Treasury and Commerce departments.<\/p>\n<p>Taking to X, <a href=\"https:\/\/coinjournal.net\/search\/michael+saylor\">Michael Saylor<\/a>, CEO of MicroStrategy, <a href=\"https:\/\/x.com\/saylor\/status\/1864500456552005731\" target=\"_blank\">said<\/a> \u201cthere\u2019s going to be a $100k party.\u201d<\/p>\n<p>Earlier this week, Saylor urged Microsoft to adopt Bitcoin saying it represents \u201c<a href=\"https:\/\/coinjournal.net\/news\/michael-saylor-urges-microsoft-to-adopt-bitcoin-says-it-represents-digital-capital\/\">digital capital<\/a>.\u201d<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-hits-100k-for-the-first-time-as-bull-run-continues\/\">Bitcoin hits $100k for the first time as bull run continues<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\/\">CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin reached the milestone on December 5 Over the past 30 days, Bitcoin has increased in value by nearly 50% and 140% in YTD value It comes as President-elect Donald Trump named Paul Atkins as the next US SEC chair Bitcoin has reached a new all-time high, hitting $100,000 for the first time, continuing its [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":1995,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1994","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/1994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=1994"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/1994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/1995"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=1994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=1994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=1994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}