Why bitcoin’s $100K breakout is just the start

This is a segment from the Empire newsletter. To read full editions, subscribe.

A dream is a wish your heart makes… unless that dream is bitcoin topping $100k, which happened late in the night for some of us. 

With $100k breached, bitcoin is the “seventh most valuable asset in the world by market cap, just behind the likes of Google and Amazon,” GSR’s Brian Rudick pointed out. 

Since November, we’ve seen bitcoin nearly double to hit $100k. And this climb hasn’t been without its challenges.

“Most investors are underestimating the price potential from continued global flows into bitcoin, whether from companies adding to their balance sheet or inflows into…

Read more on Blockworks

78.1K Reads