Bitcoin Hits $100,000 in Highly Anticipated Crypto Milestone
(Bloomberg) — On Wednesday night in New York, the dreams of Bitcoin permabulls became reality: Bitcoin hit $100,000.
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A monthlong rally has seen the largest and oldest cryptocurrency alternately approach — and then repeatedly shy away from — that most sought-after of round numbers.
Spurring the moves: the digital-asset industry’s chest-thumping optimism that US President-elect Donald Trump will halt the tough government scrutiny that prevailed during his predecessor’s administration and instead pursue policies and regulators friendly to the digital-asset industry.
“Bitcoin reaching $100,000 signals the next phase of the bull run, one that now appears resilient to anything but exogenous shocks,”…
