protos.com
Bitcoin’s ($BTC) price hit an all-time high of $103,000 today, placing it squarely at the head of a global crypto market worth a colossal $3.88 trillion.
At $2.04 trillion, the currency makes up 52.44% of crypto’s global market cap, according to Coingecko.
$BTC rivals ether, XRP, and tether trail the world’s dominant crypto by some distance, representing 11.9%, 3.9%, and 3.6% of the global crypto market respectively.
Read more: Bitcoin has hit $100,000 and is the world’s 7th largest asset
Trump claims credit for $100K bitcoin high
$BTC crossed the $100,000 threshold in the early hours of Thursday morning and triggered a range of celebratory posts from execs, pundits, and crypto enthusiasts.
What was a little more unexpected, however, was President Donald Trump not only celebrating the milestone but also claiming credit for it. On his social media platform Truth Social he said, “CONGRATULATIONS BITCOINERS!!! $100,00!!! YOU’RE WELCOME!!!”
While bitcoin has risen in price since Trump’s most recent election win, it’s worth noting that $BTC has technically reached its high under the presidency of Joe Biden who will leave office in late January 2025.
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