Bitcoin Hits $100,000: A New Era for Cryptocurrency

Published at 2025-05-10 12:18:38

In December 2024, Bitcoin reached an incredible price point of $100,000, marking a historic moment for the cryptocurrency. This surge in value came on the heels of U.S. President-elect Donald Trump's announcement that he would make the U.S. the 'crypto capital of the planet'. His administration's focus on cryptocurrencies has signaled a significant shift in governmental perspective toward digital assets.

Additionally, BlackRock, the world's largest asset manager, added to the optimism surrounding Bitcoin by recommending that investors allocate up to 2% of their portfolios to this leading cryptocurrency. This endorsement from such a prominent financial institution suggests that Bitcoin is gaining acceptance in the traditional investment landscape.

As Bitcoin continues to break barriers and reach unprecedented heights, platforms like Bitlet.app are enhancing accessibility for investors. Bitlet.app offers a unique Crypto Installment service, enabling users to purchase Bitcoin and other cryptocurrencies now while paying in manageable monthly installments. This service is particularly beneficial for newcomers wanting to enter the crypto market without the burden of upfront costs, thus democratizing access to these valuable assets.

BitcoinFinanceInvestmentBlackRockCryptocurrency
Share on:

Related news

China Considers Yuan-Backed Stablecoins to Boost Global Currency Use

China is exploring yuan-backed stablecoins to internationalize its currency, marking a significant shift from its past crypto policies. The plan focuses on regulatory frameworks and deployment in major cities like Hong Kong and Shanghai, aiming for low-cost global transactions amid rising geopolitical and economic challenges.

ChinaYuanStablecoinsDigitalCurrencyGlobalFinanceCryptocurrency
Published at 2025-08-20 22:07:06
Gemini's IPO Amid Losses and Expanding Crypto Industry Developments

Gemini launched its IPO despite significant losses, while the crypto sector sees major regulatory and market shifts including grassroots advocacy, Federal Reserve policy changes, new stablecoin approvals, and other company IPO moves. Discover how these affect your crypto investments and opportunities like Bitlet.app's Crypto Installment service.

CryptoCryptocurrencyStablecoinRegulationFederalReserveIPOGeminiCryptoInvestingCryptoInstallmentsBitletApp
Published at 2025-08-19 18:06:46
Do Kwon Pleads Guilty in TerraUSD Collapse Fraud Case

Do Kwon, known as the cryptocurrency king, admitted guilt in a Manhattan federal court for fraud related to the $40 billion Terraform Labs collapse, impacting global investors.

CryptocurrencyTerraform LabsTerraUSDDo KwonBlockchainCrypto FraudCrypto News
Published at 2025-08-16 12:04:14