Bitcoin races past $100,000, fueled by post-election rally
The price of bitcoin surpassed $100,000 for the first time on Friday, soaring to a fresh high as the world’s largest cryptocurrency extended a rally set off by the election of former President Donald Trump. Bitcoin has climbed more than 30% since Election Day, when voters opted for a candidate viewed as friendly toward digital currency.
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It may not happen by the end of 2024, but experts think Bitcoin reaching $100,000 is a matter of when, not if.
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Cboe Global Markets Inc. said it is set to list the first cash-settled index options related to the spot price of Bitcoin, ...
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