The price of Bitcoin broke through the $100000 mark early on Thursday. The successful launch of the spot ETF of Bitcoin in the United States and the election of Donald Trump, who supports cryptocurrency, as the president of the United States, have become the main driving force for this bull market. In addition, the adoption of Bitcoin by enterprises has also played a role, with more and more companies following in the footsteps of MicroStrategy and beginning to hold Bitcoin.

Bitcoin's year to date increase has exceeded 130%, and its market value has surpassed $2 trillion today, an achievement achieved in just 15 years since its inception. As a reference, the market value of NVIDIA and Apple is about $3.5 trillion, Microsoft is about $3 trillion, and Google and Amazon are about $2.2 trillion. The total market value of all gold worldwide is approximately $17.7 trillion.

One of the core driving forces behind this uptrend is the Bitcoin spot exchange traded funds (ETFs) launched by asset management giants including BlackRock and Fidelity in early 2024, which have achieved tremendous success with asset management assets reaching approximately $30 billion in less than a year.

Despite the success of ETFs, the price of Bitcoin has been stagnant for most of this year, partly due to the uncertainty during the US presidential election. However, with Trump's victory in early November, the bull market gained new momentum. Bitcoin quickly broke through its historical high of $73500 in March, then quickly surpassed $80000 and $90000, and finally reached $100000 on December 5th.

Before the deadline, the price of Bitcoin hit $104000, with a 7.2% increase in the past 24 hours. On the same day, Trump officially nominated Paul Atkins as the next chairman of the Securities and Exchange Commission (SEC). Many people in the cryptocurrency industry expressed their support and affirmation for this candidate.

Enterprises adopt

Another major factor driving the market is the growth adopted by companies, led by micro strategies and their chairman Michael Saylor. Since starting to purchase Bitcoin in August 2020, the company has continuously raised billions of dollars to invest in Bitcoin and currently holds 386700 bitcoins worth over $38 billion.

Saylor His team has inspired other listed companies, including Semler Scientific, which is listed in the United States, and Metaplanet, which is listed in Japan. Even Microsoft is currently proposing within its board whether to adopt a Bitcoin financial reserve strategy.

In addition to enterprises, some governments have also begun to recognize and adopt Bitcoin. El Salvador passed the Bitcoin Law on September 7, 2021, making it the first country to adopt Bitcoin as an alternative legal tender. Bhutan has also accumulated a large amount of Bitcoin in recent years through its mining business operated by state-owned investment company Druk Holdings. Now, many people in the crypto community are paying attention to how Trump will fulfill its policy commitment of being friendly to cryptocurrencies.

data source

(责任编辑：经济数据)

• ·10月31日南方优质企业混合C净值下跌0.33%，近1个月累计下跌4.74%
• ·10月31日博时科技驱动混合C净值增长0.91%，近3个月累计上涨12.13%
• ·10月31日易方达瑞祥灵活配置混合I净值下跌0.20%，近1个月累计下跌1.11%
• ·车辆保险费应该记在哪项会计科目里？
• ·10月31日海富通成长领航混合C净值增长1.35%，近3个月累计上涨27.82%
• ·文科转债发生1笔大宗交易，成交额97.20万元
• ·10月31日前海开源多元策略混合A净值下跌0.36%，近1个月累计上涨4.85%
• ·protoshares钱包无法同步
• ·10月31日广发匠心优选三年持有混合发起式A净值下跌0.13%，近1个月累计下跌0.65%
• ·思考乐教育(01769)：受托人根据股份奖励计划购入合共63万股股份
• ·10月31日南方誉尚一年持有期混合C净值增长0.10%，近3个月累计上涨2.81%
• ·meme币交易所app下载官方 meme币最新版下载官方app下载
• ·10月31日永赢科技驱动C净值增长1.33%，今年来累计上涨25.43%
• ·10月31日中海环保新能源混合净值增长2.37%，近3个月累计上涨10.22%
• ·10月31日富国汽车智选混合C净值下跌1.07%，今年来累计下跌7.28%
• ·10月31日建信龙头企业股票净值下跌1.19%，近1个月累计下跌1.68%