Bitcoin Crosses $100,000: Bitcoin has stormed past the $100,000 mark, marking a historic milestone fuelled by a mix of political and economic developments in the United States. The cryptocurrency‘s recent rally comes amid growing institutional confidence and a pro-crypto policy shift under the leadership of US President-Elect Donald Trump.
Adding to the "crypto-winter" jitters is the halving of the crypto market capitalization, which currently stands at $1.62 trillion, down significantly from its all-time high of $3.1 trillion in November 2021 and even from the $2.3 trillion, which it was at the start of 2022.
The portal had acknowledged the “issue with the data” which caused the prices to show inflated as much as 1000%