Bitcoin Reaches New Record at $100,000

user avatar

by Giorgi Kostiuk

2 years ago

Bitcoin has reached the $100,000 milestone for the first time, marking a significant moment for the cryptocurrency market.

Journey to $100,000

Year-to-date, Bitcoin's value has more than doubled, beginning the year at around $44,000. This achievement is the latest chapter in Bitcoin’s story, which started with a white paper by Satoshi Nakamoto in 2008. Despite criticisms regarding cybercrime and regulatory challenges, Bitcoin has evolved from a niche digital currency to a global asset.

Catalysts Behind the Surge

The market has been driven by the introduction of Bitcoin ETFs from major asset managers like BlackRock and Fidelity. The April halving event, which reduced Bitcoin's supply, and political shifts including Donald Trump's election, have also supported the price surge. Moreover, companies such as MicroStrategy have adopted Bitcoin for treasury strategies.

Market Implications

With Bitcoin reaching $100,000, its market cap is now comparable to the world's largest companies, slightly behind Amazon and Google. However, it still falls short of the total gold market cap of $17.7 trillion, showcasing Bitcoin's potential as a store of value.

Bitcoin's historic $100,000 achievement underscores its significance and potential in the world financial market, continuing to shape a new chapter in cryptocurrency history.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

SEC Announces Rule Change for KalshiEX Security Futures Listings

The SEC has issued a notice regarding a rule change for listing standards of perpetual security futures on KalshiEX.

user avatarRajesh Kumar

Bitget Launches Open Custody Network to Enhance Trading Security

On November 5, Bitget announced the launch of its Open Custody Network (OCN), designed to connect external banks and institutional custodians with its trading infrastructure to enhance security and operational independence in cryptocurrency trading.

user avatarMiguel Rodriguez

Circle Plans Acquisition of Tazapay to Enhance Payment Solutions

Circle plans to acquire Tazapay to enhance cross-border payment solutions, with completion expected in 2027.

user avatarDavid Robinson

Circle's Financial Performance Shows Growth Amidst Changing Market Dynamics

Circle's financial performance shows growth with a net income of 226 million and adjusted EBITDA rising by 85% to 317 million.

user avatarArif Mukhtar

BVNK Launches Open USD for Eligible Business Customers

BVNK has launched Open USD (OUSD) for eligible business customers, allowing them to mint, redeem, hold, and transfer OUSD across multiple blockchain networks.

user avatarLuis Flores

Circle Reports Significant Growth in USDC Onchain Transaction Volume

Circle reports a 49% year-over-year increase in USDC onchain transaction volume for Q3 2026, reaching 139 trillion.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.