{"id":456100,"date":"2024-12-05T16:00:35","date_gmt":"2024-12-05T16:00:35","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=456100"},"modified":"2025-06-09T00:06:51","modified_gmt":"2025-06-08T23:06:51","slug":"how-the-crypto-community-reacted-to-bitcoins-100000-record","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/how-the-crypto-community-reacted-to-bitcoins-100000-record\/","title":{"rendered":"How the crypto community reacted to Bitcoin’s $100,000 record"},"content":{"rendered":"

Bitcoin<\/a> has achieved an unprecedented milestone, surpassing the $100,000 mark for the first time in its history.<\/p>\n

Data from CryptoSlate<\/em> showed that the top digital asset peaked at $103,465.81 on Dec. 5, showcasing its most remarkable performance<\/a> since its inception.<\/p>\n

This surge propelled Bitcoin's market capitalization beyond $2 trillion, marking a pivotal moment in its journey. Further, the total crypto market cap soared to a record $3.6 trillion, underlining the sector's explosive growth.<\/p>\n

How the crypto community reacted<\/h2>\n

The $100,000 milestone ignited widespread celebrations within the crypto community, with many viewing it as a defining moment that cements Bitcoin's role in the global financial landscape.<\/p>\n

US President-elect Donald Trump<\/a> joined in on the excitement, congratulating Bitcoin holders and crediting the achievement to his incoming administration's pro-crypto policies. He posted,<\/p>\n

“CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU\u2019RE WELCOME!!!”<\/p><\/blockquote>\n

Since Trump's election victory in November, he has appointed several pro-crypto candidates and maintained that he would adopt a crypto-friendly approach<\/a>. These decisive actions have unsurprisingly bolstered the crypto industry uptrend, with several digital assets climbing to new highs since then.<\/p>\n

Gemini<\/a> exchange co-founder Tyler Winklevoss<\/a> compared<\/a> the milestone to landmark historical events, calling it as significant as the moon landing or the fall of the Berlin Wall.<\/p>\n

Meanwhile, Coinbase<\/a> CEO Brian Armstrong<\/a> highlighted Bitcoin's unparalleled performance, noting<\/a> that an investment of $100 in Bitcoin at Coinbase's launch in 2012 would now yield over $1.5 million.<\/p>\n

Considering this, Armstrong proposed that governments adopt Bitcoin as a strategic reserve asset to counter inflationary pressures.<\/p>\n

Additionally, Binance<\/a> founder Changpeng Zhao<\/a> hailed<\/a> Bitcoin's resilience over the past years and framed its price surge as evidence of the devaluation of traditional assets.<\/p>\n

What next for BTC?<\/span><\/p>\n

Following this historic breakthrough, the market now focuses on Bitcoin's significant milestones.<\/p>\n

Analysts predict Bitcoin could become the leading “store of value,” surpassing gold<\/a> within the next decade. According to Bernstein's Gautam Chhugani, Bitcoin's 141% annual growth, driven mainly by expectations of crypto-friendly US policies, could propel the asset to $200,000 by late 2025.<\/p>\n

Standard Chartered analysts echo this sentiment, projecting Bitcoin could double in value by the end of 2025.<\/p>\n

Analysts at the firm noted that factors such as BTC's potential integration into sovereign wealth funds and US retirement portfolios as catalysts for further growth. Institutional players like MicroStrategy<\/a> are also expected to increase their Bitcoin holdings<\/a>, fueling momentum in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has achieved an unprecedented milestone, surpassing the $100,000 mark for the first time in its history. Data from CryptoSlate showed that the top digital asset peaked at $103,465.81 on Dec. 5, showcasing its most remarkable performance since its inception. This surge propelled Bitcoin’s market capitalization beyond $2 trillion, marking a pivotal moment in its […]<\/p>\n","protected":false},"author":720,"featured_media":456107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,80281,1,29,15323],"tags":[77226,77046],"post_folder":[],"acf":[],"yoast_head":"\nHow the crypto community reacted to Bitcoin's $100,000 record<\/title>\n<meta name=\"description\" content=\"Analysts foresee Bitcoin surpassing gold in value, with potential US policy shifts boosting confidence.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/how-the-crypto-community-reacted-to-bitcoins-100000-record\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the crypto community reacted to Bitcoin's $100,000 record\" \/>\n<meta property=\"og:description\" content=\"Analysts foresee Bitcoin surpassing gold in value, with potential US policy shifts boosting confidence.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/how-the-crypto-community-reacted-to-bitcoins-100000-record\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-05T16:00:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-08T23:06:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/12\/bitcoin-100k-pump.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/how-the-crypto-community-reacted-to-bitcoins-100000-record\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/how-the-crypto-community-reacted-to-bitcoins-100000-record\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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