Bitcoin surpasses 103 thousand after breaching the 100 thousand dollar threshold within minutes.

Bitcoin surpasses 103 thousand after breaching the 100 thousand dollar threshold within minutes.
البيتكوين

The price of Bitcoin, the leading cryptocurrency by market capitalization, has seen a significant increase for the second consecutive session, breaking the main $100,000 level for the first time ever since it started approaching it on November 21 of last year. It was traded at $103,620 during Asian trading sessions, according to data from BitStamp.

This marks a substantial increase of over $4,000 for Bitcoin during today’s session, as the cryptocurrency rose from the $94,500 level recorded just yesterday. It reached the new peak of $103,620 just five minutes after crossing the historic $100,000 threshold.

This sharp rise followed the announcement by elected President Donald Trump of his nomination of former SEC Chairman Paul Atkins—known for his pro-cryptocurrency stance—to lead the SEC after Gary Gensler's resignation.

The latest increase has pushed Bitcoin to achieve a record gain of 140% since the beginning of this year, surpassing most traditional assets, resulting in a market capitalization of Bitcoin exceeding $2 trillion for the first time in history.


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