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Bitcoin at $100K: The Financial World Reacts (2024)

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CoinDesk - After BTC hit $100,000, growing from zero to $2 trillion in a decade and a half, CoinDesk rounded up reactions — from believers and skeptics — to the milestone. By Krisztian Sandor , Helene Braun , James Van Straten , Benjamin Schiller  | Edited by Nick Baker What to know: Haters and lovers alike are reacting to bitcoin hitting $100,000 for the first time. Donald Trump posted: "CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!!" El Salvador President Nayib Bukele tweeted the nation's BTC profit along with the "it ain’t much but it’s honest work" meme. Bitcoin skeptic Peter Schiff: "Without expected government intervention, this milestone never would have been hit." There were many crypto firsts in 2024: the first spot bitcoin ETF, the first spot ether ETF, the first time a pension fund invested in the asset class. But as the expression goes, they saved the best for last: In the waning days of the year, bitcoin ( BTC ) hit six digits...

$100,000 Bitcoin Price Is Just The Beginning (2024)

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BitcoinMagazine - Wow, we finally hit $100,000 bitcoin. What a time to be alive! A cypherpunk experiment started as magic internet money is now the 7th largest asset globally, surpassing a $2 trillion market cap. But make no mistake — we're just getting started. 2025 will be the year of Bitcoin. $100K feels like the mere beginning. This is my 3rd Bitcoin bull market after entering in 2016. From experience, the party is still early. Here's why I think $100K Bitcoin is just the tip of the iceberg: Trump  hasn't taken office yet. The next couple years, especially his first year, will likely bring very pro-Bitcoin and crypto regulations. The US hasn't started stockpiling BTC yet. When it does, it will put every country on notice to adopt bitcoin ASAP. Historically, the year after the  halving  pumps the most as supply shrinks. We're now post-2024 halving. You do the math. More public companies are adopting bitcoin treasuries. This trend will accelerate exponentially in...