Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure.
Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality.
The Bitcoin (BTC) price rose to a record above the $100,000 price level on Dec. 5 for the first time in crypto history, just a month after Donald Trump won the 2024 United States presidential election.
While it has since fallen back below the mark, the asset is still up 32.1% over the past month and over 120% year-to-date, outshining most traditional finance products.
