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

Bitcoin at.jpg

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

EN 1.png

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 

Copy of Bybit Dutch_2406-T28786_Daily Bits_1600x900 (3).png

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 

Copy of Bybit Dutch_2406-T28786_Daily Bits_1600x900 (2).png

Bybit Learn

Investing

Zero excuses to start building wealth! The more you trade, the more you save. Magnify your profits with Bybit Zero Fees with a consistent trading habit today. 

Bybit_Zero_Fees.png

Exorbitant fees heighten the entry barrier to crypto trading, limiting your capacity and ultimately reducing your profit margin. Imagine you could have saved $10 on each trading transaction and grown these savings using the compounding strategy. How much would you have had by now? (Not to mention if you’re trading actively.) That’s exactly why we want to help you unlock this unlimited potential and build a consistent trading habit to grow your wealth sustainably.

Instead of waiting for the “perfect time” or the “perfect market conditions” to take action, we ask — Why wait? “Time in the market beats timing the market.” — Ken Fisher

How Much Wealth You Would Have Accumulated From Zero Fees?

High trading fees can eat into a trader's profits and losses. Assuming you make several trades daily, these fees can add up quickly, reducing your overall profit margins. And did you know that zero trading fees can help you save a substantial amount of money and, at the same time, give you the freedom to accelerate your wealth?

 listed above are implied to traders with non-VIP status on Bybit.

Let's say you pay a 0.1% trading fee per trade on the Spot market for $20,000 worth of BTC over 100 trades. This means you'll be paying $20 in trading fees over the course of these trades. With zero trading fees, however, you would have entirely saved the incurred $20 fees. Yet the trading fee is just one of several costs associated with crypto trading. 

100 to several hundred trades daily, with an average of $20,000 worth of BTC per trade. Just imagine how much you would’ve saved!

Trading Fee = Filled Order Quantity × Trading Fee Rate

Take the BTC/USDT trading pair as an example. If the current price of BTC is $40,000, traders can buy or sell 0.5 BTC for 20,000 USDT.

Trader A buys 0.5 BTC with a Market Order, so Trader A pays a taker’s fee of 0.0005 BTC. Therefore, Trader A will receive 0.4995 BTC.

Trader B buys 20,000 USDT with a Limit Order, and 0.1% of the maker’s fee is incurred. Therefore, Trader B will receive 19,980 USDT.

Compared with other exchanges, Bybit’s trading fees are among the most competitive, with trading fees as low as 0.01%, which is well below the industry average.

"My life has been a product of compound interest." — Warren Buffett

The “compounding effect” is the principle of reaping huge rewards from a series of small, smart choices. In crypto trading, this strategy can significantly impact the overall profitability of a trading strategy.

Let’s say you’ve decided to invest the money you’ve saved on the zero trading fees, based on the last 100 transactions totaling 2,000 USDT in 

, and generated a net return of 50% APR from your first investment.

Using the compounding formula in the statement, you can calculate the amount you'll get by the end of the week. Referencing the values below:

Daily yield = Principal + [the amount of the coin you've staked × (APR for the staked coin/365)] 

2,000 USDT + (2000 USDT × 50%/365) = 2,002.74 USDT

Assuming you reinvest the gains and continue to generate a 50% APR, your investment would grow exponentially. By day two, you would have:

2,002.74 USDT + (2,002.74 USDT × 50%/365) = 2,005.48 USDT

2,005.48 USDT + (2,005.48 USDT × 50%/365) = 2,008.28 USDT

… and so on, with your account balance continuing to grow over time.

By the end of the week (day 7), you would have: 

2,016.55 USDT + 2,016.55 USDT × 50%/365 = 2,019.32 USDT

This means that by the end of the week, your investment would have generated a gain of 2,019.32 USDT. Over time, the compounding effect will lead to exponential growth in your account balance. 

: The above scenario is just an example. Bybit Earn users need to compound their earnings manually. 

3 Ways to Build a Consistent Trading Habit

Start early and invest regularly — the more you invest, the more you save

Time is essential to growing our assets. Starting early and investing regularly helps to develop a consistent habit, lower opportunity costs and diversify your portfolio, reducing loss risks due to market volatility. 

For example, dollar-cost averaging (DCA) effectively accumulates wealth with a more sustainable and systematic approach as you regularly invest a fixed amount of money, regardless of market condition, to average out opportunity costs. DCA allows you to buy more cryptocurrency when prices are low, and less crypto when prices are high.

Stay alert — seize all trading offers and opportunities 

Staying informed about the latest news, trends and developments in the crypto market is integral to keeping on top of market changes and taking advantage of trading opportunities. In fact, setting up alerts and subscribing to a platform’s newsletter is a great way to stay ahead of the game. 

For example, Bybit offers great deals and promotions. You only need to sign up to be looped in on these exciting news items. 

Starting Feb 13, 2023, all Bybit users are free to enjoy zero fees on all USDC spot and stablecoin pairs, including 

, and trade options with zero fees. You'll save even more with this exclusive offer.

If you're looking for a community-driven approach to buying and selling crypto, our 

 covers you! With zero fees you'll enjoy greater savings as a buyer or seller. 

 is an excellent way to save money on trading fees. Refer friends to Bybit and receive up to 30% in commissions whenever your referee completes a trade on Bybit.

Be sure to keep an eye on these exclusive campaigns with 

 every Monday. Complete simple tasks to earn additional trading bonuses and coupons. 

Be participatory — stay communicative for all spectrums of possibilities

Bybit Zero Fees, Zero Excuses: 3 Ways to Build a Consistent Trading Habit

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards