Bitcoin reaches $100000 milestone, market value exceeds $2 trillion
The price of Bitcoin broke through the $100000 mark early on Thursday. The successful launch of the spot ETF of Bitcoin in the United States and the election of Donald Trump, who supports cryptocurrency, as the president of the United States, have become the main driving force for this bull market. In addition, the adoption of Bitcoin by enterprises has also played a role, with more and more companies following in the footsteps of MicroStrategy and beginning to hold Bitcoin.
Bitcoin's year to date increase has exceeded 130%, and its market value has surpassed $2 trillion today, an achievement achieved in just 15 years since its inception. As a reference, the market value of NVIDIA and Apple is about $3.5 trillion, Microsoft is about $3 trillion, and Google and Amazon are about $2.2 trillion. The total market value of all gold worldwide is approximately $17.7 trillion.
One of the core driving forces behind this uptrend is the Bitcoin spot exchange traded funds (ETFs) launched by asset management giants including BlackRock and Fidelity in early 2024, which have achieved tremendous success with asset management assets reaching approximately $30 billion in less than a year.
Despite the success of ETFs, the price of Bitcoin has been stagnant for most of this year, partly due to the uncertainty during the US presidential election. However, with Trump's victory in early November, the bull market gained new momentum. Bitcoin quickly broke through its historical high of $73500 in March, then quickly surpassed $80000 and $90000, and finally reached $100000 on December 5th.
Before the deadline, the price of Bitcoin hit $104000, with a 7.2% increase in the past 24 hours. On the same day, Trump officially nominated Paul Atkins as the next chairman of the Securities and Exchange Commission (SEC). Many people in the cryptocurrency industry expressed their support and affirmation for this candidate.
Enterprises adopt
Another major factor driving the market is the growth adopted by companies, led by micro strategies and their chairman Michael Saylor. Since starting to purchase Bitcoin in August 2020, the company has continuously raised billions of dollars to invest in Bitcoin and currently holds 386700 bitcoins worth over $38 billion.
Saylor His team has inspired other listed companies, including Semler Scientific, which is listed in the United States, and Metaplanet, which is listed in Japan. Even Microsoft is currently proposing within its board whether to adopt a Bitcoin financial reserve strategy.
In addition to enterprises, some governments have also begun to recognize and adopt Bitcoin. El Salvador passed the Bitcoin Law on September 7, 2021, making it the first country to adopt Bitcoin as an alternative legal tender. Bhutan has also accumulated a large amount of Bitcoin in recent years through its mining business operated by state-owned investment company Druk Holdings. Now, many people in the crypto community are paying attention to how Trump will fulfill its policy commitment of being friendly to cryptocurrencies.
data source
(责任编辑:商业)
- ·嘴角烂了?可能是这些原因!嘴角烂是什么原因
- ·10月31日建信高端医疗股票C净值下跌0.08%,今年来累计下跌9.36%
- ·平台币值得投资吗?2025年最有潜力的十大平台币
- ·zcash钱包云币网
- ·最安全的比特币平台_最安全的比特币平台排行榜
- ·国企投资股票-国企投资股票巨亏怎么处理
- ·实木踢脚线价格全解析,每米多少钱?实木踢脚线多少钱一米
- ·NFT的终结与新生:从泡沫到务实的品牌之路
- ·哪里可以寄放行李箱-哪里可以寄放行李箱石家庄
- ·10月31日国泰价值先锋股票A净值下跌1.46%,今年来累计下跌15.88%
- ·大朗轻轨站在哪里
- ·meme币手机app最新版下载_meme币2022最新版下载地址
- ·比亚迪秦现在卖多少钱?比亚迪秦多少钱一辆
- ·10月31日中欧智能制造混合C净值增长0.29%,近6个月累计上涨27.52%
- ·币圈交易平台app_最好的三大比特币app排名盘点
- ·比特币ht行情
- · okcoin下载官方app
- · 欧亿app官网正式版下载
- · 欧易交易所 电脑
- · 亿欧交易所下载
- · okx官方
- · okx网页版
- · okb交易所官网
- · 虚拟货币交易平台有哪些
- ·欧易交易所下载
- · okx交易所app官网