Historic moment in crypto: Bitcoin (BTC) surpasses $100,000!

As of December 5, Bitcoin (BTC), which exceeded 100,000 dollars, made a critical development in crypto history.

Since Donald Trump's victory, BTC, which has been on the rise, has finally surpassed $100,000. This development, which is a turning point for the crypto sector, has caused a great echo worldwide. The breakthrough of $100,000, which has been seen as a psychological resistance for years, brought an instantaneous rise towards $104,080. However, Bitcoin dominance reaching 57% has somewhat suppressed altcoins. Nevertheless, the fact that this development is happening alongside the sharp rise of BTC has reassured investors.

Bitcoin has reached a market value of 2 trillion dollars

Net inflows from Spot ETFs and Donald Trump winning the US presidential election gave a boost to Bitcoin. With these developments, the leader of cryptocurrencies quickly surpassed $100,000. BTC, which reached a market value of $2.02 trillion, saw a 65.41% increase in trading volume in the last 24 hours. This data once again demonstrates the demand for Bitcoin.

Altcoin investors are closely monitoring BTC dominance. Dominance, which is accelerating with the price of BTC, is currently putting pressure on the altcoin market. However, when dominance starts to decline, there will be sharp rises in altcoins. The recent increases in established projects such as XRP, DOGE, ADA, and LTC are attracting the interest of new investors and involving existing investors in the game. The acceleration of this development day by day will strengthen the altcoin bull market.

This article does not contain investment advice or recommendation. Every investment and trading transaction involves risk, and readers should conduct their own research when making decisions.