The price of Bitcoin (BTC) reached an all-time high of $103,000 today, putting it at the top of the global cryptocurrency market worth a whopping $3.88 trillion.
According to CoinGecko, the currency is valued at $2.04 trillion, accounting for 52.44% of the global market capitalization of cryptocurrencies.
BTC's rivals Ether, XRP, and Tether are slightly ahead of the world's dominant cryptocurrencies, accounting for 11.9%, 3.9%, and 3.6% of the global crypto market, respectively.
Bitcoin is valued at $2.04 trillion, accounting for 52.44% of the global market capitalization of virtual currencies.
Read more: Bitcoin reaches $100,000, making it the world's 7th largest asset
Trump claims credit for Bitcoin's record amount of $100,000
BTC crossed the $100,000 mark early Thursday morning, sparking various celebratory posts from executives, experts, and crypto enthusiasts.
But what was a little more unexpected was that President Donald Trump not only celebrated the milestone, but also praised its accomplishments. He said this on his social media platform Truth Social. $100,00!!! You're welcome! ! ! ”
Although the price of Bitcoin has been on the rise since President Trump's recent election victory, it is worth noting that BTC has reached its technical high under President Joe Biden, who leaves office at the end of January 2025. .
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