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Bitcoin broke through the $100,000 mark for the first time last week, before easing back from recent gains. XTB's Kathleen Brooks said in a report that Bitcoin's fall below the $100,000 mark highlights "the risks and unpredictability of cryptocurrencies". Bitcoin's recent sharp appreciation follows Trump's victory in the US Presidential Election, which boosted the industry in hopes of more crypto-friendly regulation from Trump.
On December 5th, Bitcoin made great progress and broke the $100,000/piece mark. Since Trump won the election of the next US president, it has gained more than $30,000 and has risen by about 135% so far this year. Bitcoin's market value has also exceeded $2 trillion.
On November 21st, Bitcoin's rally reignited, breaking the $95,000/piece mark for the first time. Since Trump won the election of the next president of the United States, it has accelerated and accumulated about 25,000 dollars, and the increase has exceeded 120% during the year.
On November 12, Bitcoin broke through $88,000/piece, continuing to refresh high, rising more than $7,500 or 9.5% in the day, and the total market value exceeded $1.72 trillion.
Bitcoin rose to $70,000 for the first time since June 12, up 2.56% in the day.
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