Bitcoin hits $103,000... Investors making millions: New game in January

Bitcoin, the leading coin in the crypto market, has crossed the $100,000 mark for the first time and is currently trading at $103,000.

Crypto traders

Bitcoin has recorded a remarkable improvement ahead of Donald Trump's re-election as US President in January.

Bitcoin hits $103,000... Investors making millions: New game in January

Bitcoin has been rising in recent days on hopes that Trump will take steps to regulate cryptocurrencies once he takes office.

Crypto traders believe that the Trump administration can bring a cryptocurrency-friendly policy. Due to this, Bitcoin is seeing a record rise.

Similarly, Russian President Vladimir Putin’s support for Bitcoin and cryptocurrency has also led to an increase in the price of Bitcoin. Bitcoin has continued to rise since the results of the US presidential election were announced on November 5.

Bitcoin touches $103,000... Investors make millions: New game in January

During the election campaign, Trump promised to make the United States the Bitcoin and cryptocurrency capital of the world. Similarly, Bitcoin has continued to rise due to the possibility of appointing Paul Atkins as the chairman of the Securities and Exchange Commission (SEC).

Bitcoin’s price has increased by 134 percent in 2024 alone, which will be $200,000. Meanwhile, Bitcoin’s value has increased by 50 percent since Trump won the presidential election on November 5.

Bitcoin hits $103,000... Investors make millions: New game in January |

Bernstein's experts predict that Bitcoin will hit $200,000 by 2025. That is, they predict that Bitcoin's price could double from its current level.

During the presidential election campaign, Donald Trump received huge financial support from cryptocurrency supporters. Some of them are said to be close to Republican mega-donor Elon Musk.

In this situation, Musk responded to the news of Bitcoin reaching $100,000 on the X page and called it 'amazing'.