The Breakdown The Five Most Important Bitcoin Stories This Week
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Dec 7, 2024 
Scott Melker, a well-known crypto influencer and educator, joins to discuss Bitcoin's monumental week, hitting the $100,000 mark. They dive into reactions from figures like Donald Trump and the President of El Salvador, revealing the polarized views surrounding this cryptocurrency milestone. Scott elaborates on new economic appointments that could bolster crypto growth and reflects on shifting governance attitudes toward digital currencies. The conversation wraps up with insights on market volatility, exploring how high stakes and extreme fluctuations are shaping investment strategies.
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Bitcoin Hits $100k During Disney Trip
- Scott Melker planned to take his kids to Disney World.
- Bitcoin hit $100,000 that day, but he didn't stream.
Bitcoin's Psychological Benchmarks
- $20,000 became a psychological benchmark after being hit in 2017.
- After crossing $20,000, $100,000 became the next major target.
Reactions to $100k Bitcoin
- Donald Trump jokingly took credit for Bitcoin reaching $100,000.
- El Salvador's President, Nayib Bukele, posted a meme about it.