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Bitcoin Battles Six Figures
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📈 Bitcoin Battles Six Figures
Word On The Street: Bitcoin continues its relentless march toward a six-figure valuation, defying skepticism and bearish predictions that have repeatedly called for its demise.
The details:
Over the past 14 years, mainstream media outlets have declared Bitcoin "dead" a staggering 415 times.
To put this in perspective, an investment of $100 in Bitcoin at the time of that first obituary would now be worth over $101 million.
Despite recent market corrections, Bitcoin has shown signs of recovery, climbing 5.9% from $92,000 to surpass $97,500 as of Nov. 29
Why it matters: Whether Bitcoin crosses $100,000 before year-end or in 2025, its ability to thrive amid skepticism is a testament to its growing importance.
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