The world’s largest cryptocurrency, Bitcoin, has crossed the historic milestone of $100,000 apiece, industry experts said on Thursday.
This was driven by favorable market dynamics, growing US regulatory clarity, and institutional adoption through Bitcoin ETFs.
Bitcoin was trading at $1,03,095 after gaining 4.39 percent. According to Vishal Sacheendran, Head of Regional Markets at Binance, the cryptocurrency market is experiencing a surge in optimism as governments and institutions worldwide begin to embrace blockchain technology, paving the way for broader adoption and investment in digital assets.
