This week the most anticipated event occurred: Bitcoin (BTC) exceeds USD 100,000 for the first time in its history, generating dizzying enthusiasm in the community. This, in the midst of a market colored by the all-time highs of a large number of altcoins.
December 4 will be recorded as a historic day, since the ATH of the pioneer of digital currencies was accompanied by the rise of many altcoins, generating the expected altseason. Among the cryptoassets that rose, those classified as “dinosaur cryptocurrencies” stand out due to their longevity and trajectory, which experienced a resurgence driven by renewed institutional interest.
One of the top performing cryptocurrencies was XRP. The Ripple Labs token had one of the best performances of the week, gaining popularityalthough there were also those who criticized it.
In regional matters, the launch of Bitcoin and Ethereum ETFs in Argentina was announced. The South American country is also making new advances in the regulation of cryptocurrencies, while El Salvador experiences substantial growth in profits for their bitcoin holdings.
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President Nayib Bukele drew the attention of those who criticized his strategy with the digital currency and celebrated the 100k, like many bitcoiners who remembered when they were called crazy for predicting that price.
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