Bitcoin
$99,399.72
lastly hit the large $100,000 mark, and it’s got everybody buzzing.
This milestone has been a very long time coming—15 years, to be precise—ever because the mysterious Satoshi Nakamoto created the unique cryptocurrency.
As quickly because the information dropped, the social media platform X lit up with reactions from all corners of the crypto world.
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Coinbase
$5.22B
CEO Brian Armstrong joined the celebration, wishing “Comfortable Bitcoin $100,000 Day!” and reminding everybody why Bitcoin has been the best-performing asset for the previous 12 years.
Michael Saylor, the MicroStrategy boss who’s been a Bitcoin supporter, promised a full-blown $100K get together. He has at all times been loud and proud about Bitcoin, particularly for companies.
Others within the crypto neighborhood are already wanting forward. Julian Fahrer, co-founder of Apollo, predicted, “NEXT STOP: $1 MILLION BITCOIN”, even sharing a meme of Bitcoin as a grim reaper knocking on the “$1 million” door.
Even politicians received in on the enjoyable. Senator Cynthia Lummis, who pitched the concept of a nationwide Bitcoin reserve, cheered on the milestone with the Journey’s lyrics: “Don’t cease ₿elieving”.
And, after all, celebrities couldn’t resist chiming in. Paris Hilton stored it brief, saying, “Subsequent cease $111,111 🚀✨”. She’s clearly on board for the journey.
Nonetheless, not everybody was throwing confetti. Peter Schiff, who has been towards Bitcoin, didn’t maintain again. He claimed the worth solely hit $100,000 due to political favors and authorities meddling, saying, “What couldn’t be accomplished in a free market was achieved by way of the cohesive energy of the state”.
Schiff additionally stated that Bitcoin would by no means hit $100,000 again in 2019. However, now that it really occurred, Binance
$19.27B
’s ex-CEO, Changpeng “CZ” Zhao, shut that down with a handy guide a rough comeback: “Don’t dream. Hold constructing!”.
One of many funniest posts got here from one X consumer, Greg, who wrote, “December 4, 2024. Pricey Diary, immediately Bitcoin hit $100,000. Love, greg”. It was brief, candy, and relatable.
Bitcoin’s $100K milestone isn’t the one factor making waves. Only recently, the crypto neighborhood reacted to Gary Gensler’s exit from the SEC. What did they need to say? Learn the complete story.
