ThinkCrypto News: Bitcoin Hits $100k!

Hey ThinkCrypto fam! 🌟

Bitcoin Soars to $100k 🚀

Bitcoin (BTC) has finally broken through the $100,000 barrier, reaching an all-time high of $103,600. This milestone comes just after Donald Trump nominated pro-crypto advocate Paul Atkins as SEC Chair1.

Why the Surge? 📈

Several factors contributed to this rally:

• Tax Policies: Favorable tax policies around crypto.

• Strategic BTC Reserves: Talks of strategic BTC reserves.

• ETF Inflows: Continued inflows into Bitcoin exchange-traded funds (ETFs).

Record-Breaking Inflows 💸

Bitcoin ETFs have seen an incredible amount of inflows, totaling over $3.5 billion in the past 10 trading days. This brings the total amount of Bitcoin ETF inflows to $31.6 billion since January1.

What's Next? 🔮

Industry experts predict that this new ATH will lead to increased growth within the crypto sector overall. Dennis Porter, CEO of Satoshi Action Fund, believes the $100k BTC price will likely result in a massive surge of retail purchases.

Stay tuned for more updates and keep riding the crypto wave! 🌊