Bitcoin Crosses $100,000 event

Event · PageRank 0.0008

Also known as: BTC $100K, Bitcoin six figures

Overview

Bitcoin traded above $100,000 for the first time in its history on December 4-5, 2024, crossing the mark late on December 4 US Eastern time and continuing higher the following day. The move capped a sharp post-US-election rally driven by expectations of a more crypto-friendly policy environment under the incoming Trump administration and by demand through the US spot bitcoin ETFs launched earlier in 2024. The $100,000 level had long been treated as a symbolic threshold for the asset, and the breach was widely covered by mainstream financial and general news outlets.

Within the DeFi Intel graph, Bitcoin Crosses $100,000 connects to 1 tracked entity, most strongly to Bitcoin (BTC).

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).

Frequently asked questions

When did Bitcoin first trade above $100,000?

Bitcoin first crossed $100,000 on December 4, 2024, at roughly 9:30 PM US Eastern time, and continued trading above the level into December 5, 2024.

What drove Bitcoin to $100,000 in late 2024?

Reporting attributed the move to a post-US-election rally on expectations of friendlier crypto policy under the incoming Trump administration, combined with inflows into the US spot bitcoin ETFs that began trading in January 2024.

Why was $100,000 considered significant?

It was a long-anticipated symbolic round-number milestone for Bitcoin and was treated by mainstream outlets such as NBC News, CBS News, NPR and Forbes as a major financial news event rather than a purely technical price level.