Bitcoin Hits Historic $100K Milestone, Michael Saylor Gets Ready For Party

On Wednesday, Bitcoin BTC/USD, the world’s largest cryptocurrency, crossed the $100,000 barrier for the first time.

What happened: The prized digital asset resisted pushback from bears to eventually surpass the long-awaited milestone. 

The news was cheered by the cryptocurrency community, with MicroStrategy Inc. MSTR CEO Michael Saylor, one of the biggest Bitcoin advocates, calling for a $100,000 party.

See Also: CleanSpark CEO Zach Bradford Explains Why The Company Is Betting on Bitcoin Mining, Not Buying

Bitcoin has been set into a record-breaking bull run after President-elect Donald Trump's presidential victory last month. The asset has jumped 48% since the event, and more than 126% year-to-date. 

Price Action: At the time of writing, Bitcoin was trading at $100,800.66, up 6.23% in the last 24 hours, according to data from Benzinga Pro.

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