The moment for Bitcoin to reach the record price of 100,000 dollars is imminent.

Bitcoin has reached an all-time high, surpassing $99,000 and bringing the cryptocurrency market to $3.25 trillion. Donald Trump's presidential victory and new ETF launches have bolstered confidence in the markets while increasing interest from institutional investors.

Cryptocurrencies Continue to Rise Under the Trump Administration

The leading cryptocurrency, Bitcoin, has surpassed the $99,000 mark, reaching its all-time high value. This record increase has raised the total value of the global cryptocurrency market to $3.25 trillion.

Donald Trump's positive approach to cryptocurrencies, following his victory in the U.S. presidential elections, has been met with enthusiasm in the markets. Trump's promise to make America the hub of cryptocurrencies has created a sense of trust among investors. The announcement of SEC Chairman Gary Gensler's resignation and the expectation that Republicans will support the sector in Congress have strengthened the optimistic atmosphere in the markets.

In the post-election period, there has been significant demand for Bitcoin-based spot ETFs. Notably, BlackRock's iShares Bitcoin Trust fund has reached a daily trading volume of $5 billion, showcasing the interest of institutional investors. Bitcoin's market dominance has risen to 59.8%, while Ethereum holds the second position with a 12.4% share.

İsmail Hakkı Polat, a faculty member at Kadir Has University, stated that the Trump administration will further integrate cryptocurrencies into the financial system, while Assoc. Prof. Dr. Cem Barlas Arslan from Anadolu University announced that they expect significant market activity in the first quarter of 2025. Expert analyst PlanB predicts that there will not be a significant decline before Bitcoin reaches the $100,000 level. Market experts have reached a consensus that the price of Bitcoin is on the verge of hitting $100,000 and that a "mega bull season" will occur in early 2025.