Bitcoin Crosses $100,000 Amid Crypto Optimism Under Trump Administration
In a historic moment for digital assets, Bitcoin surged past the $100,000 mark on Thursday, setting a new all-time high. The world’s largest cryptocurrency last traded at $100,027 at 0240 GMT, with an intraday peak of $100,277, fueled by expectations of a crypto-friendly regulatory environment under the Trump administration.
A Year of Unprecedented Gains
Bitcoin has experienced a meteoric rise, more than doubling its value this year and gaining 45% in the weeks following Donald Trump’s electoral victory. Analysts attribute the rally to optimism surrounding Trump’s pledge to make the United States a global hub for digital assets.
The president-elect’s plans reportedly include creating a regulatory framework conducive to innovation and establishing a national bitcoin reserve, positioning the U.S. as a leader in the crypto economy.
Read More: Online Earning in Pakistan: Best Methods in 2025
Expert Perspectives on a Financial Milestone
“This is a turning point for the digital asset ecosystem,” said Mike Novogratz, founder of Galaxy Digital. He highlighted factors such as institutional adoption, advancements in tokenization, and clearer regulations as key drivers propelling Bitcoin into the financial mainstream.
Crypto analyst Justin D’Anethan emphasized the broader implications of Bitcoin’s milestone, calling it a “shift in finance, technology, and geopolitics” that reflects the cryptocurrency’s growing acceptance on a global scale.
Trump’s Pro-Crypto Stance Fuels Enthusiasm
Donald Trump’s embrace of cryptocurrencies has played a significant role in boosting market confidence. His campaign promises, along with the election of pro-crypto lawmakers in Congress, have further bolstered sentiment.
Adding to the momentum, Trump announced Paul Atkins, a vocal advocate for crypto policy, as his nominee for the chair of the Securities and Exchange Commission (SEC).
Trump’s own ventures in the crypto space have also garnered attention. His September launch of World Liberty Financial, a blockchain-based enterprise, and his social media company’s rumored acquisition of crypto trading platform Bakkt, signal his commitment to digital assets.
Institutional and Investor Interest Soars
Institutional investment in Bitcoin has surged, with over $4 billion flowing into U.S.-listed Bitcoin ETFs since Trump’s election victory—a significant shift from the SEC’s previous hesitancy toward such products.
“This is not just about price gains; it’s about the maturation of the industry,” said Steven McClurg of Canary Capital. While some investors may lock in profits, McClurg sees Bitcoin potentially reaching $120,000 by year-end.
Opportunities and Risks
While the milestone is celebrated, the crypto industry still faces challenges. Concerns about energy consumption, the 2022 collapse of FTX, and regulatory uncertainties remain.
Nonetheless, billionaire Elon Musk, a vocal crypto advocate and Trump ally, has expressed confidence in the sector’s future, further fueling enthusiasm.
Bitcoin’s breakthrough past $100,000 represents more than a financial achievement—it underscores the shifting dynamics in global finance and the growing influence of cryptocurrencies on technology, policy, and investment.
