Bitcoin Surpasses $100,000 Amidst Optimism and Market Rally

Bitcoin has surpassed the $100,000 mark for the first time, driven by optimism over a more supportive regulatory environment under President-elect Donald Trump, who plans to nominate Paul Atkins as SEC chair. This milestone is celebrated by long-term investors and is seen as a sign of Bitcoin's growing acceptance in the financial mainstream, bolstered by institutional interest and the launch of spot Bitcoin ETFs. Federal Reserve Chair Jerome Powell likened Bitcoin to digital gold, highlighting its role as an investment asset rather than a currency.