Bitcoin - Overview as of 12/17/2024

Financial and commodity markets analytics

 

Bitcoin hit a record $107,000

 

Bitcoin hit a record $107,000 thanks to Donald Trump's plans to create a strategic reserve for the cryptocurrency similar to the oil reserve. This has increased investor optimism, especially after MicroStrategy's inclusion in the Nasdaq 100, which promises new investments.

Bitcoin Performance in 2024

Bitcoin is up 150% in 2024, and markets are waiting for the $110,000 mark. The idea of a reserve is controversial, with some seeing it as a step towards US leadership in the crypto industry, while others warn of the difficulties of implementation. Countries have already started accumulating bitcoin, strengthening the role of cryptocurrencies in the global economy.