Bitcoin's Price Officially Breaks $100,000: 4 Key Drivers Behind the Milestone

 has officially crossed the $100,000 mark, setting new all-time highs. Once dismissed by many as a scam or speculative experiment, Bitcoin has grown to become one of the top 20 most valuable assets globally, with a total market cap nearing $2 trillion. Over the past decade, Bitcoin has undergone one of the most significant perception shifts in financial history, with mass media and institutions reversing their skepticism and embracing its potential. The $100K milestone represents more than just a price point—it’s the result of years of increasing mainstream acceptance. Institutional investors are integrating Bitcoin into their portfolios, Bitcoin ETFs are breaking records, favorable global economic trends are driving demand, and political shifts are creating a more supportive environment. Let’s take a closer look at the key factors behind Bitcoin’s rise to over $100,000.

US Bitcoin ETFs: Validation For Traditional Investors

On January 10th, the SEC granted regulatory approval for 11 U.S. Bitcoin exchange-traded funds (ETFs). While European-listed exchange-traded notes (ETNs) had been available for years, the approval and launch of U.S.-based Bitcoin ETFs marked a pivotal moment for Bitcoin. This milestone not only eliminated significant barriers to entry for traditional investors but also reshaped public perception of Bitcoin as a legitimate and regulated financial asset. Here are some highlights.

Macroeconomic Factors: Bitcoin as a Hedge

Global economic conditions have increasingly positioned Bitcoin as an alternative investment for investors looking to protect and grow their wealth. Traditional investment options like bonds and savings accounts have become less attractive due to a combination of low interest rates, rising inflation, and negative real yields in several major economies. These shifts have driven both retail and institutional investors to view Bitcoin as a hedge against economic instability and a store of value, often referred to as digital gold.

Political Support: A Crypto-Friendly Climate

The political and regulatory climate is increasingly tilting in favor of cryptocurrencies, providing strong momentum for Bitcoin's growth. Governments and policymakers worldwide are recognizing the potential of blockchain technology and digital assets, shifting from skepticism to proactive engagement. These political tailwinds, coupled with regulatory advancements, are fostering a more secure and predictable environment for Bitcoin, boosting investor confidence.

Continued Institutional Adoption: Bitcoin Goes Mainstream

Institutional investors and corporations are driving Bitcoin’s transformation from a niche digital asset to a widely accepted investment and financial tool. Seen as a hedge against inflation, a store of value, and an alternative to traditional financial instruments, Bitcoin’s appeal has surged among major players in the financial world. This growing adoption is a key factor in Bitcoin’s price reaching new highs, underpinned by its integration into treasury strategies, investment portfolios, and payment systems.

Conclusion: Your Opportunity to Join the Bitcoin Momentum

As Bitcoin soars past the $100,000 pricepoint and sets the stage for further growth, there’s no better time to take your trading to the next level. Bybit (powered by SATOS) invites Dutch traders to participate in our 

, where you can can win an VIP trial to enjoy 

This exclusive event is your chance to experience Bybit’s industry-leading VIP Program while capitalizing on Bitcoin’s historic rise. Don’t miss out—

Intermediate

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Bitcoin Officially Breaks $100,000: 4 Key Drivers Behind the Milestone

Ondo Finance has launched a new institutional-grade bridging solution for tokenized real-world assets (RWAs), leveraging LayerZero’s decentralized verifier network (DVN) for enhanced security.

The S&P 500 rose 0.57% to a record high, driven by investor focus on upcoming inflation data, despite concerns over new tariff threats and the Federal Reserve's cautious stance on rate cuts.  Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.60%, with Bitcoin and Ether dropping by 4.08% and 3.27%, respectively in the past 24 hours.

Today's top performer is FTM, which surged 9.9% following Sonic Labs' partnership with OctavFi for advanced on-chain financial management.

Sonic Labs (FTM), founded in 2018, formerly known as Fantom Foundation, supports the development of Sonic, a new layer-1 blockchain designed for fast, efficient transactions and secure connectivity to Ethereum. It focuses on creating decentralized applications and managing governance for the Sonic ecosystem, which is set to launch later in the year. 

 to bring institutional-level financial management, advanced on-chain treasury management, and financial reporting to its protocols.

Check Out the Latest Prices, Charts, and Data of 

 a new institutional-grade bridging solution for tokenized real-world assets (RWAs), leveraging LayerZero’s decentralized verifier network (DVN) for enhanced security. This solution enables seamless transfers of USDY, Ondo’s yield-bearing tokenized US Treasuries, across Ethereum, Arbitrum, and Mantle. The bridging architecture incorporates trusted bridge providers like PolyhedraZK and Axelar, along with Ondo’s own DVN, ensuring secure and decentralized transaction validation. The integration is available now via Ondo’s frontend and Stargate Finance, with support for additional chains planned.

Yesterday, BTC spot ETF flows recorded a total outflow of $122.8M, including $36.1M from GBTC and $86.7M from non-GBTC funds.

Check Out the Latest Prices, Charts, and Data of  

, requiring wallet and social handle registration by Dec 2, 2024, 2 PM UTC. Eligibility criteria include completing 3 transactions across 2 apps on Movement's testnets and finishing Road to Parthenon quests. After TGE, users can claim MOVE tokens on Ethereum Mainnet or Movement Mainnet, with the latter offering a 1.25x multiplier. More airdrop seasons will follow post-mainnet launch.

Beginner

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Ondo Launches Institutional-Grade Bridging for Tokenized RWAs with LayerZero Security

How to Use the Bybit Card to Earn 15% Cashback on Top of All Black Friday Deals

Originally an American tradition, Black Friday has evolved into a global shopping event and is now a significant date in the Dutch retail calendar. In the Netherlands, Black Friday has grown in popularity, with major retailers like Bol.com, Coolblue, MediaMarkt, and Bijenkorf offering deals across a wide range of products.

As a nation known for valuing savings, Black Friday provides an excellent opportunity to stack discounts and maximize value. Bybit's Black Friday Card Promotion adds an extra layer of savings with 

 on both online and offline purchases. Explore how the Bybit Card works, along with practical examples of savings during Black Friday shopping, to make the most of this year’s event.

How Can You Take Part in This Black Friday Promotion?

Joining the Bybit Black Friday Promotion is simple! Follow these steps to start earning 

 ontop of all your Black Friday deals Weekend:

Practical Examples of Savings With Bybit Card

Simply input your Bybit Card details at checkout or use instant payment methods like 

 to complete your online purchases seamlessly. Cashback is automatically applied to your account, making savings effortless.

For offline purchases, use your Bybit Card as a physical card or digitally through 

. As long as the store accepts PIN payments, you’ll earn cashback rewards instantly.

After the Black Friday promotion ends, the Bybit Card reverts to its 

 offer, allowing you to save on all your purchases through the rest of the year. Whether you’re buying Sinterklaas gifts, stocking up for Christmas, or grabbing post-holiday deals, the savings keep rolling in.

The Bybit Card is your ticket to maximizing savings on the biggest shopping day of the year. From tech to festive essentials, every purchase becomes more rewarding.

Learn more about the Bybit Card Black Friday Promotion 

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How Can You Use the Bybit Card to Earn 15% Cashback on Top of All Black Friday Deals?

Bitcoin Hits New All-Time Highs: 8 Things Trump Is Saying About Cryptocurrency and What It Means for Bitcoin and Altcoins

With Bitcoin and the total cryptocurrency market cap surging to highs- returning to its 2021 peak—many are attributing this renewed bullish momentum to Donald Trump’s recent U.S. election victory. In this article, we’ll explore 8 key promises and policies Trump has put forth for the sector and the potential impact on both blue chip and meme coin cryptocurrencies.

Donald Trump & Crypto: The Bull Case for The Sector

The newly elected U.S. President, Donald Trump, has outlined a series of plans for the cryptocurrency sector, signaling major shifts in U.S. policy. With the United States accounting for approximately 

, U.S. policy and leadership play a significant role in shaping the sector. Here are eight key takeaways and promises from his proposed initiatives:

These factors collectively contribute to a positive outlook for the cryptocurrency sector under the current administration.

The election outcome has also positively influenced blue-chip cryptocurrencies:

Trump's win has significantly impacted the meme-coin sector. Following the victory,

 surged by 145%, outperforming Bitcoin and Ethereum in growth. This rally reflects heightened speculation that Trump's pro-crypto regulatory stance could indirectly support meme-coins, which are often driven by community engagement and viral appeal. Meme-coins, while volatile, present high-risk, high-reward opportunities, and recent events have drawn increased attention from traders looking to capitalize on this momentum.

Capitalizing on Trump’s Win and Riding the Crypto Wave

With the markets heating up and Bitcoin breaking new all-time highs, are your friends and family asking about how to get started with crypto? Now’s the perfect time to help them dive in—and earn exclusive rewards while you’re at it—with

Bybit Referral Rush: Exclusive Rewards for the Netherlands

During the Referral Rush, Dutch users can invite friends and earn exclusive bonuses alongside the standard Bybit Referral Program rewards:

Get referral rewards and a 30% commission on transactions made by your referees across Spot, Copy Trading, and Bybit Card. Your referees must deposit and trade to qualify.

 Each friend you invite will earn an additional 100 USDT, a special reward just for Dutch users.

 Earn 20 USDT for every successful Bybit Card referral.

Help your friends and family get started in crypto, and let the rewards stack up! Whether it’s trading, using the Bybit Card, or exploring spot trading, your referrals earn rewards—and so do you!

Ready to start sharing the benefits of crypto? Invite now and unlock rewards for you and your friends 

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Bybit Guide

Trading

Spot X is a platform aggregating all of Bybit’s latest Spot listings on one page via various events: Token Splash, ByStarter, Launchpad, Launchpool and ByVotes. 

 is the go-to method for many traders because of its simplicity. After all, you simply need to buy and sell your desired cryptocurrency at the current market price to earn quick short-term profits. And now, with Bybit’s Spot X, Spot traders can easily reap even more crypto token rewards through our variety of Spot listing products, all within a single interface.

 is a platform aggregating all of Bybit’s latest Spot listings on one page via 

: Token Splash, ByStarter, Launchpad, Launchpool and ByVotes. 

Each of these events promotes specific in-demand or upcoming crypto projects with associated rewards in various ways.

With Spot X, you can assess ongoing projects before participating in prize pools and review past projects' performances, even if their campaigns have ended, in order to learn more about the tokens before trading in them.

Spot X offers several advantages for Spot traders, as listed below: 

Spot X shows a transparent overview of the total number of participants in the five products, as well as the total amount they’ve invested and the total prize pool. It even includes an average percentage increase in the value of the sale price of a token during the first week after its launch, which helps you better estimate your potential earnings from your investments. Each of these figures is further broken down and reflected for each campaign.

 offers new token listings with their associated prize pools, with two ways for users to earn rewards. Users can choose to deposit the minimum amount of the listed tokens required during the event period, or deposit an equivalent amount of USDT to Spot trade the listed tokens. 

All the deposits made during the event period — including deposits made through on-chain transfers and 

 — will be considered in the calculation to determine your eligibility for rewards. However, it’s important to note that deposits made via internal transfers are excluded from calculations. 

While you can only take part using your main account, all Spot trades performed via Subaccounts or 

 will be taken into consideration. You’ll be able to claim your rewards within 14 days after the end of the Token Splash event.

 allows early adopters to invest in tokens with potential. These projects are typically not listed with any centralized exchanges (CEXs), but have undergone stringent reviews to assess their potential. The tokens may not necessarily be listed, but there will definitely be winners who will receive an airdrop of the tokens. 

ByStarter is divided into four phases: Warmup Period, Subscription Period, Allocation Period and Results Announcement. 

While making a deposit is optional during the Warmup Period, it’s highly recommended that you make the deposit during it so that you can transit smoothly to the Subscription Period. Note that Subaccounts aren’t allowed to join ByStarter.

For the Subscription Period, you’ll need to partake in the ByStarter token project’s quiz and commit a specified amount of tokens to the project, depending upon your VIP tier level. However, the actual range of tokens to be committed still differs from one project to another. Committed tokens will be locked until the end of the Allocation Period. 

Winners are then randomly selected by the system during the Allocation Period. There will be three outcomes from the distribution results:

 is a token launch platform that grants investors early access to pre-listed tokens on Bybit, allowing them to earn the new tokens directly once they get listed. Launchpad has seen several upgrades, with the latest version, Launchpad 3.1, featuring more exciting ways for users to earn rewards.

There are two ways to subscribe to Launchpad, but you can only commit to one method each time you participate in the event. The first is the Subscription method, whereby you commit Mantle (MNT) tokens to subscribe to token allocation. The second approach is a lucky draw in which you commit USDT to win a share of the project token. Like ByStarter, Launchpad has four distinct stages: Snapshot, Subscription, Distribution and Launch.

The Snapshot phase lasts three to four days, during which the daily amount of MNT or USDT in your Funding Account, Spot Account and Derivatives Account (or 

 and Inverse Derivatives Account) will be recorded via hourly snapshots. 

For the MNT Subscription plan, you need to accumulate a minimum of 50 MNT and can commit multiple times if you wish. Meanwhile, for the USDT Lottery track, you’ll need at least 100 USDT to proceed to the Subscription stage, and can choose to earn more Lottery tickets to boost your chances of winning during this phase. Please note that the MNT or USDT tokens you commit during this period will be locked.

During the Subscription Period, simply click on the 

 button to commit either MNT or USDT tokens. During the Distribution phase, winners will receive the new project tokens in their Spot Account or Unified Trading Account (if the account has been upgraded), while their committed tokens will be returned to their Funding Account.

 lets you stake and earn tokens for free. The more tokens you stake, the more you’ll receive. You may unstake your tokens at any time. However, you must stake your tokens for at least one day to start earning. The Launchpool typically lists one or two projects for a fixed period, during which you can stake your tokens to earn your staking currency, new tokens and a USDT bonus. The tokens that you earn will be credited to your 

 lets you vote for your favorite crypto project to be listed as a Bybit Spot pair. During the campaign, two to six projects will be up for voting. The project with the most votes will be listed in the Innovation Zone under Spot Trading. ByVotes consists of five phases: Snapshot period, voting period, winner announcement period, rewards distribution period and launch period.

The snapshot period is held first to ascertain the number of votes allocated to each participant. It takes place one day before the voting starts, at 11:59:59PM UTC. The number of votes you possess is determined by the total holdings of USDT, USDC, USDD, DAI, CUSD and BUSD in your Spot Account, Funding Account and Derivatives Account (or Unified Trading Account and Inverse Derivatives Account). For instance, if you have a total of 100 USDT, you can cast 100 votes. The votes will be airdropped to your main account, which you can then use for your favorite project.

The voting period lasts for 24 hours. Each user can cast a minimum of 100 votes up to 10,000 for each project during the voting period. 

If you’ve voted for the winning project, your corresponding rewards will be airdropped to your Spot Account within four hours after the voting ends. Rewards for each user are capped based on the amount of the total prize pool. You will not be eligible for any rewards if you vote for a project that didn’t get listed

Spot X is tailored to cater to the needs of Spot traders who are perpetually seeking new tokens for investment opportunities. With its user-friendly interface, Spot X provides access to five distinct products, all conveniently navigable within a single page. This consolidated approach simplifies the process of exploring and participating in various events, making it effortless to stay informed about potential investment opportunities. 

Whether you’re a seasoned trader or new to the world of Spot trading, Spot X aims to enhance your token discovery journey, offering a unified and efficient platform for uncovering the latest and most promising tokens in the market. 

Spot X: One-Stop Service to Earn More From Spot Listings

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards