Bitcoin hits $100k and surges above, hitting the most awaited milestone of 2024

Bitcoin has surged above the price of $100,000 USD on Wednesday, December 5 and touched $104,000. It was the most awaited milestone for the leading cryptocurrency in this bull cycle. 

Bitcoin has increased by 126% from the beginning of 2024 till date. Resisting the pushbacks in between, BTC managed to cross the $100k mark in the final month of 2024, right before Trump is preparing to take office as president.

Michael Saylor calls for a $100k Bitcoin party

There is going to be a 100K Party. 🚀https://t.co/Vo52KQZRe5

— Michael Saylor⚡️ (@saylor) December 5, 2024

Michael Saylor, the CEO of MicroStrategy Inc., who is among the biggest holders of this bullish asset, celebrated the milestone in a tweet and called for a $100k party.

The bull run for Bitcoin may have officially started after Donald Trump won over the presidential election, as the asset has increased by 48% since then.

BTC is currently up by 6.23% in the last 24 hours, and sits at a price of $102,865 at the time of this writing.

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