

Bitcoin Hit $100k. What's Next?
58 snips Dec 11, 2024
In this discussion, Alexander Osipovich, a WSJ reporter with seven years of Bitcoin coverage, analyzes the cryptocurrency's recent leap to $100,000. He explores the political dynamics influencing crypto, including the election of pro-crypto candidates and potential regulatory shifts under a Trump administration. The conversation highlights the volatile journey Bitcoin has taken, the aftermath of major market collapses, and the implications of SEC regulations on future growth. It's a compelling look at the intersection of politics and cryptocurrency.
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Bitcoin's 2017 Peak
- Kate Leinbaugh asks Alexander Osipovich about Bitcoin's price milestones.
- Osipovich recalls Bitcoin reaching $20,000 in 2017, a moment of wider public awareness.
Bitcoin's $100,000 Milestone
- Bitcoin hit $100,000, a new record high, on December 4, 2024.
- This surge followed Trump's election, as he positioned himself as pro-crypto.
Crypto Winter and FTX Implosion
- Two years prior, the crypto market experienced a downturn, termed "crypto winter."
- The FTX implosion further damaged crypto's reputation and intensified regulatory scrutiny.