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December 5, 2024 · Industry Milestone

Bitcoin Crosses $100,000

The six-figure milestone powered by ETFs and political momentum

Crypto Fear & Greed

84

Extreme Greed

Source: Alternative.me, December 5, 2024

Bitcoin price

$100,000

30-day change

-5%

Lower 30 days later

What happened

Bitcoin's crossing of $100,000 in December 2024 represented a psychological milestone years in the making. The rally was catalyzed by Trump's November 2024 election victory and his pro-crypto campaign promises, record ETF inflows exceeding $100 billion cumulative, and growing speculation about a U.S. Strategic Bitcoin Reserve. Alternative.me's Crypto Fear & Greed Index read 84, Extreme Greed. Media coverage reached saturation across mainstream, financial, and crypto outlets, with the $100K milestone generating more coverage than any Bitcoin price event since the first crossing of $10,000.

Key narratives

  • Six-figure Bitcoin
  • Political catalyst
  • Institutional momentum

About the score

The score is the daily value of the Crypto Fear & Greed Index, Alternative.me, a composite of market and attention data. Perception’s own media-based reading for the same day is in the daily sentiment archive for December 5, 2024.

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