Bitcoin Breaks $100,000: A New Era in Cryptocurrency

Bitcoin has reached a historic milestone by surpassing $100,000, marking a significant rise from its earlier low of $38,505 this year. This surge is attributed to various factors, including the announcement of pro-crypto Paul Atkins as the new SEC Chair by President-elect Donald Trump, replacing Gary Gensler. Bitcoin's journey from its inception in 2008 by Satoshi Nakamoto to its current status as a major financial asset has been marked by volatility, regulatory challenges, and increasing institutional interest. The approval of Bitcoin ETFs and Trump's crypto-friendly stance have further fueled its recent price increase.