Bitcoin’s (BTC) worth hit an all-time excessive of $103,000 at this time, inserting it squarely on the head of a world crypto market price a colossal $3.88 trillion.
At $2.04 trillion, the foreign money makes up 52.44% of crypto’s international market cap, based on Coingecko.
BTC rivals ether, XRP, and tether path the world’s dominant crypto by a long way, representing 11.9%, 3.9%, and three.6% of the worldwide crypto market respectively.
At $2.04 trillion, bitcoin makes up 52.44% of crypto’s international market cap.
Trump claims credit score for $100K bitcoin excessive
BTC crossed the $100,000 threshold within the early hours of Thursday morning and triggered a spread of celebratory posts from execs, pundits, and crypto lovers.
What was a little bit extra sudden, 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 mentioned, “CONGRATULATIONS BITCOINERS!!! $100,00!!! YOU’RE WELCOME!!!”
Whereas bitcoin has risen in worth since Trump’s most up-to-date election win, it’s price noting that BTC has technically reached its excessive beneath the presidency of Joe Biden who will go away workplace in late January 2025.