Bitcoin
$99,767.62
lastly hit the massive $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
$3.26B
CEO Brian Armstrong joined the celebration, wishing “Completely happy 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 social gathering. He has all the time been loud and proud about Bitcoin, particularly for companies.
Others within the crypto group 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 thought of a nationwide Bitcoin reserve, cheered on the milestone with the Journey’s lyrics: “Don’t cease ₿elieving”.
And, in fact, celebrities couldn’t resist chiming in. Paris Hilton saved it quick, saying, “Subsequent cease $111,111 🚀✨”. She’s clearly on board for the trip.
Nonetheless, not everybody was throwing confetti. Peter Schiff, who has been in opposition to 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 finished in a free market was achieved via 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 truly occurred, Binance
$15.12B
’s ex-CEO, Changpeng “CZ” Zhao, shut that down with a quick comeback: “Don’t dream. Maintain constructing!”.
One of many funniest posts got here from one X consumer, Greg, who wrote, “December 4, 2024. Pricey Diary, at present Bitcoin hit $100,000. Love, greg”. It was quick, candy, and relatable.
Bitcoin’s $100K milestone isn’t the one factor making waves. Only in the near past, the crypto group reacted to Gary Gensler’s exit from the SEC. What did they must say? Learn the total story.
