Bitcoin’s (BTC) worth hit an all-time excessive of $103,000 right this moment, inserting it squarely on the head of a worldwide crypto market value a colossal $3.88 trillion.
At $2.04 trillion, the foreign money makes up 52.44% of crypto’s international market cap, in accordance with Coingecko.
BTC rivals ether, XRP, and tether path the world’s dominant crypto by far, representing 11.9%, 3.9%, and three.6% of the worldwide crypto market respectively.
Learn extra: Bitcoin has hit $100,000 and is the world’s seventh largest asset
Trump claims credit score for $100K bitcoin excessive
BTC crossed the $100,000 threshold within the early hours of Thursday morning and triggered a variety of celebratory posts from execs, pundits, and crypto lovers.
What was slightly extra surprising, nonetheless, was President Donald Trump not solely celebrating the milestone but additionally claiming credit score for it. On his social media platform Reality Social he stated, “CONGRATULATIONS BITCOINERS!!! $100,00!!! YOU’RE WELCOME!!!”
Whereas bitcoin has risen in worth since Trump’s most up-to-date election win, it’s value noting that BTC has technically reached its excessive underneath the presidency of Joe Biden who will go away workplace in late January 2025.
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