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Crypto News > Blog > News > Trump congratulated bitcoiners on the $100K milestone – Crypto
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Trump congratulated bitcoiners on the $100K milestone – Crypto

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Last updated: 2024/12/05 at 11:12 PM
Crypto Published December 5, 2024
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Trump congratulated bitcoiners on the 0K milestone
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Contents
Donald Trump is the great hope of BitcoinRelatedCrypto Keynote USA

This Thursday, the president-elect of the United States, Donald Trump, congratulated Bitcoin and his followers on the historic price milestone. During this day, the largest of the digital currencies surpassed the key barrier of $100,000 per token. After several weeks of failed attempts, BTC is now a $100K coin.

It is worth mentioning that this goal is one of the most anticipated for several years. In fact, during the 2021 bull run, this was expected to be the price, but unfortunately the coin was unable to come close. By 2023, few were betting on that goal in the short term. However, barely a year later everyone was sure that it was a matter of time.

Although many enthusiasts were convinced that Bitcoin would reach $100K, few thought it would be achieved before the end of the year. In fact, 2025 was seen as the safe date for this goal to be achieved. In any case, BTC did what it knows how to do: surprise. On Thursday, after several days of stagnation and with growing anxiety, the price took a huge jump to $103.9K dollars.

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Among the most notable reactions to this rise in Bitcoin, President Trump stands out, who congratulated the currency on his Truth social network. The magnate offered a short message of hope and victory to his followers. «Congratulations bitcoiners! $100,000! “Together we will make America great again,” he said.

Trump congratulated Bitcoin.Trump congratulates the Bitcoin community on the $100K milestone. Source: Truth

Donald Trump is the great hope of Bitcoin

Expectations of Bitcoin setting new highs at heights that once seemed like a dream are now huge. This is all due to Donald Trump’s support for the Cryptocurrency market. For years, the tycoon was a staunch detractor of BTC, however, he recently understood the characteristics of this currency.

Its progressive entry into the crypto world began with NFTs a few years ago. But it was in 2024 that he openly expressed his support for the entire sector. Unlike other politicians, Trump does not consider himself a Bitcoin maximalist, but instead preaches his support for the entire sector. The latter was essential to express his intention to fire Gary Gensler from the SEC.

Trump’s cryptocurrency holdings include tokens like ETH and also cloaked tokens, suggesting involvement in the DeFi market. In addition, it has memecoins. Among its activities, the creation of a decentralized lending finance platform also stands out.

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As you can see, Trump’s support for Bitcoin and the rest of the crypto world does not stop at words. In fact, the president is an active participant in the cryptocurrency market. This fact becomes one of the great hopes that a remarkably favorable regulation will be created to stimulate the growth of the sector.

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