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Billy Markus, the co-founder of Dogecoin (DOGE)who goes by “Shibetoshi Nakamoto” on X, recently made a statement regarding a Bitcoin price of $200,000. Bitcoin soared past $100,000 during Wednesday’s trading session, setting a new all-time high at $104,000.
Known for his humor and frankness, Markus tweeted“Bitcoin didn’t break $200,000 today. I’m bored.” Although the tone is playful, the underlying sentiment sparks speculation about Markus’ expectations for Bitcoin’s price action.
Bitcoin reaching the $200,000 mark is an ambitious goal that many have debated in the past. While Markus’ tweet may have been light-hearted, it aligns with the narrative that Bitcoin could reach new highs, given that it took a 135% year-to-date increase to surpass 100 000, and that the largest cryptocurrency by market capitalization is no stranger to such spectacular price movements.
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The crypto community reacted to the Dogecoin co-founder’s tweet, with many seeing it as another example of his characteristic wit.
Whether Markus’ tweet was a serious prediction or just a playful joke, it has reignited discussions about Bitcoin’s potential trajectory. Although $200,000 may seem far away, anything is possible. For now, Bitcoin is trading below $200,000, but Markus’ boredom might not last forever.
Bitcoin exceeds $100,000
Late Wednesday evening, the price of Bitcoin surpassed the long-awaited $100,000 mark for the first time in history. The milestone sparked reactions from the crypto community, including Dogecoin co-founder Billy Markus, who tweeted that “it happened” and “this isn’t far-fetched enough.”
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Michael Saylor, co-founder and president of MicroStrategyreacted to this milestone by declaring: “There’s going to be a $100,000 party.”
Bitcoin’s price rally continued on Thursday, surpassing $104,000 on Coinbase. Bitcoin was last up 7.24% at $102,896 at the time of writing, according to CoinMarketCap data.
A price just above $100,000 has increased Bitcoin’s market value to over $2 trillion, making it a larger financial asset than all but a few public companies, including Nvidia Corp. and Apple Inc. And $2 trillion is about the market value of the whole thing. FTSE 100 index of UK stocks.