$BTC Bitcoin's price has blasted through the much-anticipated threshold of $100,000, raising questions about how much higher it could go - and whether it can shake off its notorious volatility.The price of bitcoin soared past the long-awaited $100,000 benchmark for the first time ever late Wednesday evening. By Thursday afternoon, its price eased below the milestone.
The move came after the S&P 500 and Nasdaq Composite registered new closing records, in the same day that President-elect Donald Trump announced his pick for SEC chair and that Fed Chair Jerome Powell likened bitcoin to gold.
Bitcoin is now up more than 133% in 2024 and 42% since the election.
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