🔥$100K Hit! Where Will Bitcoin Go Next? Find Out Live!

Crypto Gone Wild: Bitcoin Soars Past $100,000 and Sparks a Frenzy

Key Takeaways

  • Bitcoin hits the $100,000 mark, sparking celebrations and predictions for even higher milestones in the crypto community;
  • Celebrities, CEOs, and even politicians joined in celebrating Bitcoin’s success on social media;
  • Critics like Peter Schiff continue to blame political intervention for Bitcoin’s rise, while supporters stay optimistic.
Crypto Gone Wild: Bitcoin Soars Past $100,000 and Sparks a Frenzy

Bitcoin BTC $101,057.36 finally hit the big $100,000 mark, and it has got everyone buzzing.

This milestone has been a long time coming—15 years, to be exact—ever since the mysterious Satoshi Nakamoto created the original cryptocurrency.

As soon as the news dropped, the social media platform X lit up with reactions from all corners of the crypto world.

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Coinbase $7.25B CEO Brian Armstrong joined the celebration, wishing "Happy Bitcoin $100,000 Day!" and reminding everyone why Bitcoin has been the best-performing asset for the past 12 years.

Michael Saylor, the MicroStrategy boss who’s been a Bitcoin supporter, promised a full-blown $100K party. He has always been loud and proud about Bitcoin, especially for businesses.

Others in the crypto community are already looking ahead. Julian Fahrer, co-founder of Apollo, predicted, "NEXT STOP: $1 MILLION BITCOIN", even sharing a meme of Bitcoin as a grim reaper knocking on the "$1 million" door.

Even politicians got in on the fun. Senator Cynthia Lummis, who pitched the idea of a national Bitcoin reserve, cheered on the milestone with the Journey’s lyrics: "Don’t stop â‚żelieving".

And, of course, celebrities could not resist chiming in. Paris Hilton kept it short, saying, "Next stop $111,111 🚀✨". She’s clearly on board for the ride.

However, not everyone was throwing confetti. Peter Schiff, who has been against Bitcoin, didn’t hold back. He claimed the price only hit $100,000 because of political favors and government meddling, saying, "What couldn’t be done in a free market was achieved through the cohesive power of the state".

Schiff also said that Bitcoin would never hit $100,000 back in 2019. But, now that it actually happened, Binance $18.74B ’s ex-CEO, Changpeng "CZ" Zhao, shut that down with a snappy comeback: "Don’t dream. Keep building!".

One of the funniest posts came from one X user, Greg, who wrote, "December 4, 2024. Dear Diary, today Bitcoin hit $100,000. Love, greg". It was short, sweet, and relatable.

Bitcoin’s $100K milestone isn’t the only thing making waves. Just recently, the crypto community reacted to Gary Gensler's exit from the SEC. What did they have to say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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