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

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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.

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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 

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Practical Examples of Savings With Bybit Card

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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

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Crypto Insights

Bitcoin hits record highs as the crypto market cap surpasses $3 trillion, fueled by institutional interest and pro-crypto policies. Discover the market dynamics, altcoin prospects, and exclusive Bybit VIP1 trading offers.

FOMO: Bitcoin Dominates The Market | Wen Altcoin Season?

With Bitcoin reaching a record-breaking high of 

 and the total cryptocurrency market cap surging past $3 trillion—returning to its 2021 peak— many investors and traders now are asking "wen alt coin season?”. As Bitcoin captures the spotlight, questions around altcoin season—traditionally a time when smaller cryptocurrencies see their own bull run—are larger than ever. With a pro-crypto stance anticipated from President-elect Donald Trump’s administration, Bitcoin’s dominance has risen to levels not seen in years, leaving altcoin enthusiasts wondering if their moment will come or if Bitcoin will continue to be the primary focus. Here’s a closer look at what’s happening in the market and what it could mean for altcoins.

The Post-Election Rally: Bitcoin in the Spotlight

following the U.S. election, climbing over 30% since election night. This jump in price is largely driven by President-elect Donald Trump’s expected pro-crypto policies, including his plans for a U.S. Bitcoin reserve and positioning Bitcoin as “digital gold.”

Trump’s election has increased institutional interest in Bitcoin, evident in the rapid growth of BlackRock’s Bitcoin ETF, IBIT. Since the election, IBIT’s assets under management (AUM) have surged to 

—a record-breaking pace. This continued interest highlights the strong demand from institutional investors, who see Trump’s pro-Bitcoin stance as a promising signal. With BlackRock purchasing nearly

 following the election, Bitcoin’s momentum reflects a new era of confidence from large-scale investors.

Bitcoin’s rise has drawn in both institutional and retail investors, becoming the main focus in the crypto space and triggering a wave of FOMO (fear of missing out). With Trump’s crypto-friendly stance shaping investor confidence, Bitcoin remains in the spotlight as new capital flows in.

Bitcoin Dominance Reaches Multi-Year Highs

Market Cap BTC Dominance (%) as of 14.11.2024 14:25 | Source: TradingView

Bitcoin’s share of the cryptocurrency market has reached 61.39%, the 

. The Bitcoin Dominance Index (BDI), which tracks Bitcoin’s portion of the total crypto market cap, reflects the leading role Bitcoin has taken in this cycle. Much of this shift is fueled by institutional interest, with large investors showing a preference for Bitcoin amid Trump’s plans to make the U.S. a 

. With Bitcoin leading the charge, alt coins are finding it hard to keep up, as the majority of inflows are focused on the leading digital asset. Although altcoins usually see a rally after Bitcoin’s bull runs, today’s institutional focus on Bitcoin may keep the attention on it for a while.

Amid Bitcoin’s dominance, Dogecoin (DOGE) has carved out its own wave of attention, 

over the past month. A key factor behind this rise is the influence of Elon Musk, who has taken on a role in Trump’s administration. Musk, known as a vocal supporter of cryptocurrencies—especially Dogecoin—has been appointed to head the newly established Department of Government Efficiency, humorously abbreviated as DOGE. This new role aligns Musk’s pro-crypto stance with the administration’s broader crypto-friendly agenda, boosting market sentiment around Dogecoin.

With Bitcoin continuing to lead the market, altcoin enthusiasts are left wondering, “Wen altcoin season?” Traditionally, altcoin seasons happen once Bitcoin stabilizes, as investors often shift profits into smaller assets. However, the current market conditions—driven by strong institutional interest in Bitcoin—may delay this cycle’s altcoin rally.

For now, altcoin investors need to position themselves. If Bitcoin’s dominance levels off or institutions start to diversify their holdings, altcoins could see renewed interest. But with the current focus on Bitcoin, the next altcoin season may take longer to arrive, testing the patience of investors looking to make the most of this market cycle.

Make the Most of Bitcoin’s Rally with Bybit’s Exclusive VIP1 Trial Offer

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FOMO! Bitcoin Dominates The Market | Wen Altcoin Season?

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