$BTC The price of Bitcoin first exceeded 100 thousand US dollars in early December 2024. At that time, the reason was investors who bet on new nominations in the next US administration.
In 2024, Bitcoin more than doubled thanks to the approval by US market regulators of exchange-traded funds linked to its spot price and optimism regarding the easing of regulatory hurdles after Donald Trump's return to the White House.
The cryptocurrency's market capitalization was just over 2 trillion dollars.
At the same time, the second cryptocurrency in the world - Ethereum - crossed the mark of 2 thousand dollars per unit. Over the course of a day, this crypto asset increased in value by more than 11%.
As Bloomberg reports, the rise of Bitcoin is fueled by expectations of easing trade tensions after US President Donald Trump announced a deal with the United Kingdom.
