#BTCBackto100K

Bitcoin climbed back above $100,000 for the first time in two weeks, gaining fresh momentum as Congress prepares to confirm Donald Trump’s presidential win. The cryptocurrency rose 2.8% on Monday, reaching $101,000. It also recorded a 5.7% weekly gain as of Sunday—its strongest since November 24, according to Bloomberg data. After peaking at a record $108,315 earlier in 2024, Bitcoin's rally cooled in late December as investors cashed in profits. Hopes that a pro-crypto Trump administration will create a more favorable regulatory environment have been a key factor in boosting prices.