Editor's Update (12/5): After a week of consolidation, Bitcoin broke through the $100,000 psychological barrier today at 10:40 AM, peaking at $103,587 before stabilizing. By noon, its total market cap exceeded $2 trillion, drawing attention from Wall Street and crypto investors worldwide. In Taiwan, ETF 00909 rose 5.2% to NT$37.24.
Bitcoin (BTC) hit a historic high following Donald Trump’s U.S. presidential election victory, fueled by a post-election rally. Its price approached $100,000, while Dogecoin (DOGE) surged 120% due to policy tailwinds and celebrity endorsements. Investors now weigh price volatility against regulatory uncertainties and entry timing. For Taiwanese investors hesitant about direct BTC exposure, ETFs like 00909 offer an alternative.
Key Market Movements
- BTC’s 2024 Rally: Up 170% YTD, with a $19.5 trillion market cap.
- Dogecoin’s Surge: DOGE capitalized on Trump-era policies, gaining 120% in two weeks.
- MicroStrategy’s Stake: The firm holds 331,200 BTC (avg. cost: <$50,000), becoming a top-100 U.S. company by market cap.
Why Bitcoin is Rising
- Post-Election Momentum: Trump’s crypto-friendly stance (e.g., proposing a "Crypto Asset Task Force") boosted sentiment.
- Institutional Adoption: Spot BTC ETFs funneled new capital into the market.
- Halving Effect: April 2024’s supply reduction historically precedes price surges.
Taiwan’s Gateway: ETF 00909
00909 (Cathay Global Digital Payment Services ETF) tracks crypto/blockchain equities, including:
- MicroStrategy (10.55% weight)
- Coinbase (5.01% weight)
Performance:
- 3-month return: 31.41% (top among 200+ Taiwanese ETFs).
- Tax Advantage: Capital gains from ETF trades are tax-exempt in Taiwan.
👉 Discover how 00909 compares to direct crypto investing
Risks and Expert Insights
- Volatility: BTC’s 24-hour trading volume hit $72.74 billion—a double-edged sword.
- Policy Uncertainty: Trump’s 4-year term limits long-term regulatory clarity.
- Adoption vs. Speculation: El Salvador’s BTC reserves (5,929+ coins) support demand, but analysts urge caution.
FAQ
Q: Is now a good time to buy Bitcoin?
A: While momentum is strong, diversify and limit exposure to <5% of your portfolio.
Q: How does 00909 avoid Taiwan’s crypto taxes?
A: As an ETF, it falls under securities regulations, exempting capital gains tax.
Q: What’s driving Dogecoin’s rise?
A: Trump’s "DOGE" department acronym coincidence and Elon Musk’s endorsements sparked hype.
Strategic Takeaways
- For Traders: Monitor ETF inflows and U.S. policy drafts (e.g., the Bitcoin Strategic Reserve Act).
- Long-Term Holders: Dollar-cost averaging (DCA) mitigates timing risks.
- Taiwanese Investors: 00909 offers regulated exposure without direct crypto complexities.
👉 Explore crypto ETF strategies for 2025
Disclaimer: Crypto investments carry high risk; consult a financial advisor before acting.
### SEO Keywords
1. Bitcoin $100K
2. ETF 00909
3. Taiwan crypto investment
4. Trump Bitcoin policy
5. Dogecoin surge
6. MicroStrategy BTC
7. Crypto tax Taiwan