$BNB On December 17, 2024, Bitcoin surpassed the $100,000 mark, reaching a new high of $101,419. This surge was influenced by the nomination of pro-crypto Paul Atkins as Chairman of the U.S. Securities and Exchange Commission by President-elect Donald Trump, fostering investor optimism for a more crypto-friendly administration.

However, Bitcoin's price has shown volatility. On December 19, 2024, it experienced a drop, decreasing by 3.2% over 24 hours to $103,989, following a record high of $108,267 on December 18. This decline comes as investors anticipate the Federal Reserve's upcoming interest rate decision, expected to result in a 25 basis point cut, with speculation that the rate-cutting cycle may ease in 2025.