The price of Bitcoin (BTC) hit an all-time high of $103,000 today, putting it squarely at the head of a global crypto market worth a colossal $3.88 trillion.
At $2.04 trillion, the coin represents 52.44% of the global crypto market cap, according to Coingecko.
BTC’s rivals Ether,
Read more: Bitcoin reached $100,000 and is the 7th largest asset in the world
Trump claims credit for $100,000 bitcoin
BTC crossed the $100,000 threshold early Thursday morning and sparked a series of celebratory posts from crypto executives, experts and enthusiasts.
What was a little more unexpected, however, was that President Donald Trump not only celebrated the milestone, but also took credit for it. On his social media platform Truth Social, he said: “CONGRATULATIONS BITCOINERS!!! $100.00!!! YOU ARE WELCOME!!!”
Although the price of bitcoin has increased since Trump’s last election victory, it is worth noting that BTC has increased. technically reached its highest point under Joe Biden’s presidency who will leave office at the end of January 2025.
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