Bitcoin Cracked Six Digits


BTC has done it! Bitcoin has reached the long-anticipated milestone mark of $100,000. It wasn't an abrupt leap. The coin’s value hovered near that mark for two weeks before it crossed the six-digit line. 


The price continued to climb for a few days, and reached its peak at over $103,000, but then dipped back into five figures. This dip is not that actually important. It has become a historic moment for the crypto world. The first cryptocurrency soared over 139% this year.  


The event entailed widespread discussion across the cryptoverse and beyond. The achievement is partly explained by the pro-crypto pre-election campaign of Donald Trump though we must also acknowledge the influence of Bitcoin’s halving cycles always followed by altseason. Anyway, the U.S. President-elect took credit for the Bitcoin surge and congratulated Bitcoiners in a social media post. 


The milestone attracted the attention of the broader financial world. Industry experts have revisited predictions of prominent skeptics who doubted Bitcoin’s potential. It refers, for instance, to Peter Schiff, a well-known skeptic of cryptocurrencies, who claimed that Bitcoin would never reach 100K. Also, Financial Times issued an apology for its longstanding criticism toward Bitcoin and all negative articles about it had been published over years. The publication also expressed regret to readers who may have refrained from buying Bitcoin due to their negative coverage.


#CryptoRally #BTC #HalvingCycle #CryptoGrowth  #IBitcoin



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