The Journal.

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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ANECDOTE

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.
INSIGHT

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.
INSIGHT

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.
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