Bitcoin shattered the $100,000 all-time price level on
Wednesday, a milestone that both excited the crypto community and drew a bold
response from President-elect Donald Trump.
Trump took to his social media platform Truth Social
to take credit for the achievement, which was partly triggered by his appointment of a pro-crypto SEC chair, Paul Atkins.
“CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE
WELCOME!!! Together, we will Make America Great Again!” Trump wrote, attributing
the cryptocurrency’s historic surge to his administration's pro-crypto stance.
Trump’s Pro-Crypto Moves
Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term, which now trades at $102,771 on the CoinGecko
chart, has experienced a 50% jump since Trump’s election victory. Experts are
now predicting further targets of $150,000 and even $200,000 in the coming
years.
Industry leaders have also joined Trump in celebrating
the top cryptocurrency's $100,000 achievement. One of them is Coinbase’s
CEO Brian Armstrong, who highlighted Bitcoin’s unmatched performance over the
years.
If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000.
If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today.
Bitcoin is the best performing asset of the last 12 years, and it's still early… pic.twitter.com/dvBgX5K7or
— Brian Armstrong (@brian_armstrong) December 5, 2024
“If you bought $100 of Bitcoin when Coinbase was
founded in June 2012, it would now be worth about $1,500,000, Armstrong wrote on
X. Bitcoin is the best-performing asset of the last 12 years, and it's still
early days.”
He also recommended Bitcoin as a hedge fund for
countries seeking to hedge against inflation. “Every government, especially
those looking to create a hedge against inflation, should create a Bitcoin
strategic reserve. Happy Bitcoin $100k a day.”
Mike Novogratz, the CEO of crypto-focused financial
services firm Galaxy Digital, marked the milestone as proof of adoption and
belief in the cryptocurrency revolution. Novogratz mentioned that other world
leaders will follow Donald Trump in pushing for the adoption of cryptocurrency.
$100,000 Bitcoin—more than a number. pic.twitter.com/d9e5ewhcpI
— Galaxy (@galaxyhq) December 5, 2024
Tron founder Justin Sun called the moment “surreal,”
adding that Bitcoin represents more than an asset—it symbolizes innovation and
resilience.
Bitcoin Journey
Bitcoin’s incredible journey has captured imaginations
since its humble beginnings in 2010 when a programmer named Laszlo Hanyecz made
history by spending 10,000 Bitcoins to have two (large) Papa John’s pizzas
delivered to his door.
This momentous transaction has since become a
legendary tale in the crypto community, commemorated annually as Bitcoin PizzaDay. The sum is now worth more than $1 billion. Similarly, El Salvador’s Bitcoin holdings, first
acquired in 2021 under President Nayib Bukele, have soared to a record $600
million, netting the country over $333 million in profits.
It feels surreal to witness this moment. Since I entered the industry in 2012, Bitcoin has been more than an asset—it’s a symbol of innovation, resilience, and decentralized technology. As Bitcoin surpasses $100,000, I’m grateful to be part of this journey with so many… pic.twitter.com/ERLSAxlXMO
— H.E. Justin Sun 🍌 (@justinsuntron) December 5, 2024
As Bitcoin settles above $100,000, the crypto market is abuzz with speculation about its next move. Cathie Wood, the CEO of Ark Invest and a Bitcoin enthusiast believes that this is just the beginning of Bitcoin's upward momentum.
Great day for #bitcoin and digital property rights! Incoming SEC Chairman Paul Atkins will free digital assets from Gary Gensler’s chokehold and protect private property rights in the digital world.
— Cathie Wood (@CathieDWood) December 5, 2024
Recently, Ark Investment Management LLC invested $15.9
million in its spot Bitcoin exchange-traded fund (ETF), ARK 21Shares Bitcoin
ETF (ARKB). The firm shifted from its previous holdings in Grayscale Bitcoin
Trust.
Bitcoin shattered the $100,000 all-time price level on
Wednesday, a milestone that both excited the crypto community and drew a bold
response from President-elect Donald Trump.
Trump took to his social media platform Truth Social
to take credit for the achievement, which was partly triggered by his appointment of a pro-crypto SEC chair, Paul Atkins.
“CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE
WELCOME!!! Together, we will Make America Great Again!” Trump wrote, attributing
the cryptocurrency’s historic surge to his administration's pro-crypto stance.
Trump’s Pro-Crypto Moves
Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term, which now trades at $102,771 on the CoinGecko
chart, has experienced a 50% jump since Trump’s election victory. Experts are
now predicting further targets of $150,000 and even $200,000 in the coming
years.
Industry leaders have also joined Trump in celebrating
the top cryptocurrency's $100,000 achievement. One of them is Coinbase’s
CEO Brian Armstrong, who highlighted Bitcoin’s unmatched performance over the
years.
If you bought $100 of Bitcoin when Coinbase was founded in June 2012, it would now be worth about $1,500,000.
If you kept the $100 USD you'd only be able to purchase about $73 worth of goods today.
Bitcoin is the best performing asset of the last 12 years, and it's still early… pic.twitter.com/dvBgX5K7or
— Brian Armstrong (@brian_armstrong) December 5, 2024
“If you bought $100 of Bitcoin when Coinbase was
founded in June 2012, it would now be worth about $1,500,000, Armstrong wrote on
X. Bitcoin is the best-performing asset of the last 12 years, and it's still
early days.”
He also recommended Bitcoin as a hedge fund for
countries seeking to hedge against inflation. “Every government, especially
those looking to create a hedge against inflation, should create a Bitcoin
strategic reserve. Happy Bitcoin $100k a day.”
Mike Novogratz, the CEO of crypto-focused financial
services firm Galaxy Digital, marked the milestone as proof of adoption and
belief in the cryptocurrency revolution. Novogratz mentioned that other world
leaders will follow Donald Trump in pushing for the adoption of cryptocurrency.
$100,000 Bitcoin—more than a number. pic.twitter.com/d9e5ewhcpI
— Galaxy (@galaxyhq) December 5, 2024
Tron founder Justin Sun called the moment “surreal,”
adding that Bitcoin represents more than an asset—it symbolizes innovation and
resilience.
Bitcoin Journey
Bitcoin’s incredible journey has captured imaginations
since its humble beginnings in 2010 when a programmer named Laszlo Hanyecz made
history by spending 10,000 Bitcoins to have two (large) Papa John’s pizzas
delivered to his door.
This momentous transaction has since become a
legendary tale in the crypto community, commemorated annually as Bitcoin PizzaDay. The sum is now worth more than $1 billion. Similarly, El Salvador’s Bitcoin holdings, first
acquired in 2021 under President Nayib Bukele, have soared to a record $600
million, netting the country over $333 million in profits.
It feels surreal to witness this moment. Since I entered the industry in 2012, Bitcoin has been more than an asset—it’s a symbol of innovation, resilience, and decentralized technology. As Bitcoin surpasses $100,000, I’m grateful to be part of this journey with so many… pic.twitter.com/ERLSAxlXMO
— H.E. Justin Sun 🍌 (@justinsuntron) December 5, 2024
As Bitcoin settles above $100,000, the crypto market is abuzz with speculation about its next move. Cathie Wood, the CEO of Ark Invest and a Bitcoin enthusiast believes that this is just the beginning of Bitcoin's upward momentum.
Great day for #bitcoin and digital property rights! Incoming SEC Chairman Paul Atkins will free digital assets from Gary Gensler’s chokehold and protect private property rights in the digital world.
— Cathie Wood (@CathieDWood) December 5, 2024
Recently, Ark Investment Management LLC invested $15.9
million in its spot Bitcoin exchange-traded fund (ETF), ARK 21Shares Bitcoin
ETF (ARKB). The firm shifted from its previous holdings in Grayscale Bitcoin
Trust.
