The price of Bitcoin has been rising this year, and on Wednesday, it crossed the $100,000 mark for the first time. President-elect Donald Trump, who had pledged a more crypto-friendly administration than incumbent Joe Biden, kicked off the most recent rally. Since election day, the price of Bitcoin has increased by almost 50%, and it has increased by more than 100% this year.
The price of Bitcoin has been rising this year, and on Wednesday, it crossed the $100,000 mark for the first time. President-elect Donald Trump, who had pledged a more crypto-friendly administration than incumbent Joe Biden, kicked off the most recent rally. Since election day, the price of Bitcoin has increased by almost 50%, and it has increased by more than 100% this year.