Bitcoin particularly moved to the top in a most spectacular manner to an all-time high of $103,399,72 after crossing the $100,000 mark on December 5 of 2024. It is adopted against this background of increasing institutional participation and positive sentiment stemming from Donald Trump’s victories in the U.S. presidential elections. In particular, Bitcoin has pulled back a bit and is presently at $99,498.34 as of December 9, while the total market capitalization of all cryptocurrencies is $3.64 trillion.
The recent increase is attributed to, among other things, the manner in which the Trump administration has shown interest in developing a digital currency reserve for the United States of America. It has garnered excitement within Reddit’s crypto community and investors, including MicroStrategy’s founder and chairman, Michael Saylor. The prospects for creating a national Bitcoin fund have caused interest among the crypto sphere and other actors.
On this occasion, Amazon’s common shareholders have filed a shareholder proposal for the company to invest part of its liquid cash balance in Bitcoin. The idea is contained in a shareholder’s petition filed for the company on December 6, 2025, extending an offer to invest $88 billion of their $585 billion total assets in Bitcoin. This decision was made after the MicroStrategy Bitcoin initiative and signifies the consistent, higher demand of companies from different industries to include crypto-assets in their company’s balance.
The growth of Bitcoin value has an impact on the crypto market and being an altcoin Ethereum (ETH) also peaked. ETH traded above $4,000 for the first time in three years, reaching $4,015.67 on December the 9th. This comes after record weekly creations of $752 million Ethereum ETFs pointing to increasing institutional uptake in the world’s second largest cryptocurrency by market capitalization.
As bitcoin and other cryptocurrencies are slowly gaining more acceptance, analysts keep an eye on the market pattern and various investors. Long-term investor taxonomy indicates that since November 8, investors with BTC wallets older than 155 days have sold about 827,783 BTC. This has often led to the sell-off of shares and stocks, such as this one being undertaken with a worth of about $82.6 billion at current prices, which some analysts see as pointing to a market at its apex.
Nevertheless, there is optimism regarding the markets, and their future prospective is still deemed positive. The crypto fear and greed index is at extreme greed level with scores of 83 out of 100, this showing that investors have high levels of optimism. With the recent changes having hit the market, the eyes are set on Bitcoin and its stability at such lofty levels above the $100,000 mark, and possible year-end rallies.
